Tag: Tax Hike

  • Tax Hike on Mobile Phones

    Tax Hike on Mobile Phones

    Government has increased customs duty on importing mobile phones in the federal budget for the financial year 2021-22 to encourage local manufacturing. After the increase, customs duty will have to be paid at Rs. 300 on mobile phones up to $30, or mobile phones worth Rs 4,500. Similarly customs duty has been fixed at Rs…