Pakistan Revenue
In a surprising move, Pakistan has reportedly spent a staggering $473 million on the import of mobile phones during the first 10 months of the current fiscal year, despite grappling with a severe shortage of foreign currency.
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Pakistan Customs has announced an auction for various models of iPhones that will be held on May 10, 2023, at Customs Dryport Multan.
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Pakistan has recently implemented a new policy regarding the import of mobile phones into the country, official sources said recently.
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The Pakistan Telecommunication Authority (PTA) has reported a significant surge in local mobile handset manufacturing, with local plants assembling 2.35 million mobile devices in February 2023.
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ISLAMABAD: During the first eight months of the current fiscal year (2022-23), there has been a 68.29 percent decrease in the import of cell phones into the country compared to the same period last year.
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In an effort to generate additional revenue and bridge fiscal gaps, Pakistan has imposed a 25% sales tax on the import of mobile phones valued above $500 per piece, according to official sources.
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ISLAMABAD: Federal Board of Revenue (FBR) has issued new rates of sales tax on mobile phones after implementation of the mini budget.
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Pakistan imports mobile phones worth Rs93 billion during first seven months (July – January) 2022-2023 amid challenging economic conditions.
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KARACHI: Pakistan has imported mobile phones worth $363 million during first half (July – December) of fiscal year 2022-2023 despite fact of worth foreign exchange crisis in the country.
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KARACHI: The Federal Board of Revenue (FBR) has issued amended income tax law to notify the tax rates on users of mobile phones and internet during 2022-2023. FBR issued Income Tax Ordinance, 2001 updated up to June 30, 2022 incorporating changes made through the Finance Act, 2022. READ MORE: FBR launches campaign to ensure return […]
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