Blog Detail

• by Admin
• 03-Feb-2023 || 02:12 PM

In Pakistan and around the world, iPhones are the most popular smartphones. The iPhone series is particularly appealing to children and officials. People must pay the tax and customs duty within 30 days to make their iPhone 14 work with any local network thanks to the government's new taxes on smartphones. PTA has recently added more taxes to these phones. The prices of iPhones are skyrocketing as a result of the taxes. All imported mobile phones are subject to the Pakistani government's PTA tax on iPhones. Nearly 20% of the phone's actual cost is subject to tax.

People from all over the world expressed their opinions following the announcement of the new tax on the iPhone 14. Some people think that Apple should be taxed on the profits it makes from its products. Others, on the other hand, think the new tax is unfair and will only hurt their businesses.

People are finding it harder and harder to afford iPhones because of the high prices and high taxes. But only the wealthy can afford such a high-priced phone, and this is indeed creating a class divide in our community.

However, the registration of all imported phone IMEI data in the PTA database required an increase in taxes. Indeed, this will make it simpler to monitor stolen and smuggled phones. IPhones and other smartphones have seen increases in PTA taxes for 2023.

Smartphones are subject to PTA taxes on an ongoing basis, making it difficult for consumers to purchase them. We may easily observe the imposition of additional taxes upon approval of non-PTA phones, rather than providing relief to the public. PTA uses its calculator to determine the tax amount, regardless of the actual price of your phone.

The updated tax list for Apple iPhone 14 Pro Max is 152,424 PKR and for Apple iPhone, 14 Pro is 145,801 PKR. The price in PKR varies with the rate at which the currency is exchanged. The iPhone 14 Pro costs $999, while the 14 Pro Max costs $1099. The PTA fee is required in addition to the purchase of a phone at these high prices.

You will be required to pay these most recent PTA taxes in order to access any local network on your iPhone 14 series. The PTA will not permit the use of any SIM card in imported phones if the tax has not been paid. We can quickly verify that iPhone prices have increased significantly in recent months.

The government is taking this step to reduce Pakistan's imports of goods by increasing PTA taxes. Due to the rising demand for iPhones in Pakistan, dealers and customers must import a significant quantity. Pakistan's trade deficit is getting worse as a result.

As a result, all imported mobile phones in the region are subject to tax. The State Bank of Pakistan's currency rate depreciation and low reserves are to blame for the persistent rise in PTA taxes. Pakistan's imports could be reduced as a result of this initiative, which would help stabilize the economy.

However, this action has discouraged consumers from purchasing new smartphones like the iPhone 14 Pro and 14 Pro Max. Because the taxes keep going up, making them too expensive for people with middle-class incomes to buy them.

We will still not consider it an appropriate action for regular users who import phones for personal use, despite the fact that it is a positive step for retailers who import phones in bulk.

The PTA states that each mobile phone that is imported into the country will now be taxed. This suggests that the iPhone's price will now rise depending on where it is imported into Pakistan.

The country has taken steps to discourage the importation of mobile phones. The PTA thinks that this will make more money for the government.

The PTA also stated that the tax was imposed to "promote local manufacturing" and will contribute to the government's revenue generation. Additionally, the authority stated that existing mobile phones would not be subject to the tax.