The government has also agreed to fix the amount of sales tax on mobile phone imports, substituting the 18 percent sales tax under the modified Finance Bill 2024. It is also expected to block the bank accounts of non-filers, the initial Finance Bill 2024 included a provision to freeze the bank accounts of non-filers; however, the bill was not passed.
The government may take into consideration a plan to restrict non-filers’ bank accounts until they are listed on the Active Taxpayers List (ATL) if they do not reply to notices.Bank deposits made by non-filers will still be accepted, but they won’t be able to take money out until they register as filers and have their names appear on the ATL.
The FBR will issue an income tax general order (ITGO) listing the names of non-filers to restrict their bank accounts if the provision is included in the modified Finance Bill 2024.A fixed sales tax based on the brands of the imported phones would take the place of the current 18% sales tax on mobile phone imports under the revised Finance Bill 2024.
