The Growing Duty on Mobile Phones in Pakistan: What You Need to Know
With a population of over 220 million people and a rapidly growing economy, Pakistan is one of the largest mobile phone markets in the world. However, recent changes in government policies have resulted in an increase in duties on mobile phones. Here’s what you need to know:
Why Has the Duty on Mobile Phones Increased?
The Pakistani government has been increasing the duty on mobile phones to generate revenue for the country. According to Dawn, the country’s premier English-language newspaper, the Pakistani government has collected over PKR 200 billion in the last two years from the telecommunication sector alone. In addition to generating revenue, the new duty will also help prevent the smuggling of phones into the country, which causes a loss of revenue for the government.
How Will the Duty on Mobile Phones Affect You?
The new duty on mobile phones will have a direct impact on the prices of phones in Pakistan. According to the Federal Board of Revenue (FBR), the duty on imported mobile phones worth $30 or less has been raised from PKR 250 to PKR 1,000, while the duty on imported mobile phones worth more than $30 has been raised from PKR 500 to PKR 4,000. As a result, the prices of mobile phones in Pakistan are expected to increase, making it more difficult for people to purchase new phones.
What Can You Do to Save Money?
Despite the duty hike, there are still ways to save money on mobile phones in Pakistan. One of the best ways is to purchase a locally manufactured phone, such as those made by QMobile or Huawei. These phones are not subject to the same duties as imported phones, and therefore are significantly cheaper. Additionally, purchasing a second-hand phone or refurbished phone is another way to save money.
The Bottom Line
The new duty on mobile phones in Pakistan has caused prices to increase, making it more difficult for people to purchase new phones. However, by purchasing locally manufactured phones or second-hand phones, you can still save money. Keep in mind that the new duty has been put in place to generate revenue for the country, and to prevent the smuggling of phones, which causes a loss of revenue for the government.
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