Mobile

Government reduces taxes on budget phones, taxes on higher-end smartphones remain unchanged

The Pakistani government announced a mini-budget today in an attempt to boost exports and reinforce investor confidence lost due to varying exchange rate over the past few years.

A number of important decisions were taken during the mini-budget, mainly related to decreasing duty on raw-material being imported into the country. However, the government has also revised the duty on imported smartphones, specifically the budget smartphones valued under $350 dollars. The taxes on higher-end models will remain unchanged.

Here is the breakdown of new tax rates on imported smartphones:

  • Below $30
    • 150 Rupees
  • Between $30 and $100
    • 1,470 Rupees
  • Between $100 and $200
    • 1,870 Rupees
  • Between $200 and $350
    • 1,930 Rupees
  • Between $350 and $500
    • 6,000 Rupees
  • Above $500
    • 10,300 Rupees

Here is the breakdown of new customs levy rates on imported smartphones:

  • Below $100
    • No Levy
  • Between $100 and $200
    • 500 Rupees
  • Between $200 and $350
    • 1,500 Rupees
  • Between $350 and $500
    • 3,500 Rupees
  • Above $500
    • 7,000 Rupees

Due to these changes, we can expect to see lower priced phones get cheaper, while the prices of higher-end phones should remain at their current price.

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Muneeb Ahmad

I love to talk about global tech-happenings, startups, industry, education and economy. Get in touch: muneeb@techjuice.pk.

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Muneeb Ahmad
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