Business

Mobile Phone Tax: How much income tax will be imposed on mobile phones?

Mobile Phone Tax: How much income tax will be imposed on mobile phones?

Mobile Phone Tax: To discourage the usage of pricey phones, the Finance Bill 2023 levies a tax on imported mobile phones ranging from Rs100 to Rs16,000.

Sr. No

Mobile phones having cost freight value (US dollars)

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Rate of levy per set in rupees

1.

Up to 30

100

2.

Above 30 and up to 100

200

3.

Above 101 and up to 200

600

4.

Above 201 and up to 350

1800

5.

Above 351 and up to 500

4000

6.

Above 501 and up to 700

8000

7.

Above 701 and above

16000

RELATED: BUDGET 2022-23: How much income tax will be imposed on salaried class?

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Business

Sibtain Ali is a Senior Editor Business at Pakistan Lounge and joined in October 2021. Formerly business editor at a renowned International News website

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