FBR Justifies Rs150,000 Tax on iPhones

The Federal Board of Revenue (FBR) has clarified the reason behind the Rs. 150,000 tax on iPhones during a briefing to the National Assembly’s Finance Committee. Officials explained that since nearly 95% of mobile phones in Pakistan are now locally manufactured, higher taxes are imposed mainly on imported premium devices to promote local production and reduce dependence on foreign products. The committee also reviewed how these taxes affect consumers, the mobile market, and the future growth of Pakistan’s domestic smartphone industry.

Leave a Reply

Your email address will not be published.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