The federal government in Islamabad has suggested taxes on mobile phones, including Apple iPhones, in the latest
Federal government proposes taxes on mobile phones, including Apple iPhones.Local smartphones also face an 18% tax rate as per the proposal.iPhones, in the latest budget proposal for 2024–25, pending approval from the parliament.
If the proposals are approved, new tax rates for Apple iPhones in Pakistan will take effect starting on July 1, 2024. As per the Finance Bill 2024, the government has suggested a 25% ad valorem tax on imported smartphones priced above $500, while all phones priced below $500 will have a standard 18% sales tax.iPhones significantly since the company doesn’t have an official presence in Pakistan and its devices are imported for sale in the local market.Infinix is approaching the launch of its Hot 40 series in the...
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