- Federal government proposes taxes on mobile phones, including Apple iPhones.
- If approved, new tax rates for Apple iPhones in Pakistan will start on July 1, 2024.
- Local smartphones also face an 18% tax rate as per the proposal.
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.
The proposal is expected to impact the prices of Apple iPhones significantly since the company doesn't have an official presence in Pakistan and its devices are imported for sale in the local market.
[embedpost slug="/infinix-hot-40-price-in-pakistan-after-budget-2024-25/"]
Locally manufactured and supplied smartphones will also face an 18% tax rate, as per the proposal.