Pakistan Introduces New Tax on Expensive Mobile Phones

1. The Pakistan government has introduced a new tax policy imposing a 25% tax on mobile phones worth over $500. The goal is to increase revenue and encourage the use of more affordable devices. 

This policy targets high-end smartphones, which will become more expensive for consumers. Brands like Apple, Samsung, and Google will be affected, and consumers may opt for mid-range and budget smartphones instead. This shift could reshape the mobile phone market in Pakistan.

The government has also introduced an 18% tax on mobile phone equipment and locally manufactured phones to boost the national economy and local production. However, this may lead to higher prices for customers.

Also read:Imported mobiles will get cheaper after Budget

The new tax policy aims to increase revenue and regulate the mobile phone industry, but higher prices may deter some consumers from purchasing new devices, affecting sales volumes.