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Federal Budget 2019-20: 3pc import tax on mobile phones abolished

byCT Report
11/06/2019
in Islamabad, Latest News
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ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government unveiled its Federal Budget 2019-20 on Tuesday abolishing the 3 per cent tax on the import of mobile phones.

Presenting the budget in the National Assembly, State Minister for Revenue Hammad Azhar said there was a 3 per cent value addition tax on business imports, due to which the burden of tax had increased unnecessarily.

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He said the budget recommended abolishing the value addition tax on import of mobile phones. The state minister further said this would decrease the tax on imports of mobile phones.

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