• About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
INCPak
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
INCPak
No Result
View All Result

Govt to Increase Taxes on Import of Mobile Phones

by Ali Gulrez
May 18, 2022
in Islamabad, National, Technology
0

In a bid to control the economic instability, the government is mulling over increasing taxes on import of mobile phones alongside several other items. According to the details, the government plans to double Regulatory Duty (RD) on the import of mobile phones in Pakistan.

Taxes Mobile Phones, Taxes Import Mobile Phones, Taxes, Import of Mobile Phones
Govt to Increase Taxes on Import of Mobile Phones

The Federal Board of Revenue (FBR) alongside the Ministry of Commerce has suggested the government to double taxes on import of mobile phones in the form of Regulatory Duty (RD). The increase in duties will vary between Rs. 6,000 to Rs. 44,000 depending on the value of the smartphone.

According to the details, there will be five slabs of taxes imposed on the import of mobile phones depending on their valuation. The authorities have proposed an increase in Regulatory Duty (RD) on mobile phones with value of $30-100 by Rs. 6000, while suggesting an increase in RD by Rs. 15,000 on mobile phones with value of $101-200.

Similarly, the increase in duty proposed on mobile phones with valuation of $201-350 and $351-500 is Rs. 22,000 and Rs. 30,000, respective. Meanwhile, the highest increase in Regulatory Duty (RD) is suggested at Rs. 44,000 for mobile phones with valuation of Rs. 44,000.

Moreover, the government is also considering over imposition of heavy taxes on the import of cars and tyres in the country in a bid to control the constant depreciation of the Pakistani Rupee against the US Dollar (USD to PKR) as the local currency closed at Rs. 198.39 in the inter-bank market.

Meanwhile, the government has imposed a ban on the import of luxury and non-essential items not used by the common man in order to recover the trade deficit and the economic instability and uncertainty.

Read more: Govt Bans Import of Luxury & Non-Essential Items.

Follow INCPAK on Facebook / Twitter / Instagram  for update.

Tags: Import of Mobile PhonesRegulatory dutyTaxes Mobile Phones
ShareTweetSend

Related Posts

Fruit Boycott, JDC, Zafar Abbas
National

JDC’s Zafar Abbas Calls For Fruit Boycott to End Profiteering

Mar 24, 2023
NADRA PAK ID Mobile App, PAK ID Mobile App, NADRA App
Information

NADRA Launches Next Gen ‘PAK ID Mobile App’

Mar 24, 2023
Restaurant Timings Ramadan
National

LHC Extends Restaurant Timings During Ramadan

Mar 24, 2023
Benazir Kafalat Program 2023, Benazir Kafalat Program, Ehsaas Kafalat Program
Islamabad

Benazir Kafalat Program 2023 Stipend Increased to Rs8,500

Mar 24, 2023
Mustafa Hanif Trust, Cheap Fruit Ramadan, Affordable Fruit Ramadan
National

Mustafa Hanif Trust Providing Fruit at Rs10 Per KG During Ramadan

Mar 23, 2023
Sindh Ramadan Relief Package, Sindh Flour Subsidy
National

Sindh Announces Rs2,000 Flour Subsidy As Part of Ramadan Relief Package

Mar 23, 2023
Ramadan moon, Ramadan Moon 2023, Ramadan Moon Pakistan, Ramadan 2023 Moon Pakistan, Ramadan Moon Sighting Pakistan, Ramadan Moon Sighting
Islamabad

Ramadan 2023 Moon Sighted, Pakistan to Observe 1st Ramazan Tomorrow

Mar 22, 2023
KP Ramadan Relief Package, Ramadan Relief Package
Khyber Pakhtunkhwa

KP Govt Announces Ramadan Relief Package

Mar 22, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

  • Gold Rate in Dubai UAE Today – 25 March 2023
  • Gold Rate in Pakistan Today – 25 March 2023
  • United Electric Motorcycles Launched in Pakistan
  • JDC’s Zafar Abbas Calls For Fruit Boycott to End Profiteering
  • NADRA Launches Next Gen ‘PAK ID Mobile App’
  • Toyota Pakistan Shuts Down Production Once Again
  • LHC Extends Restaurant Timings During Ramadan
  • Benazir Kafalat Program 2023 Stipend Increased to Rs8,500
  • Banks to Remain Open on Saturday and Sunday to Collect Hajj Applications
  • Gold Rate in Dubai UAE Today – 24 March 2023

INCPak Official logo

INCPak Official Logo
Independent News Coverage Pakistan (INCPAK) delivers the latest updated news on Current Affairs, Business, Sports, Entertainment, and Technology in Pakistan

Trending

  • Petrol Prices in Pakistan
  • USD to PKR Rates
  • MTMIS – Online Vehicle Verification
  • Ehsaas Program
  • Punjab Rozgar Scheme
  • Naya Pakistan Housing Program
  • Mera Pakistan Mera Ghar Loan
  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact

© 2023 Independent News Coverage Pakistan - Site is Powered by INCPak Team INCPak Team.

No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers

© 2023 Independent News Coverage Pakistan - Site is Powered by INCPak Team INCPak Team.