Budget 2024-25: 10% Sales Tax to Increase Prices of Computers and Laptops

Budget 2024-25: 10% Sales Tax to Increase Prices of Computers and Laptops

Budget 2024-25: 10% Sales Tax to Increase Prices of Computers and Laptops

Budget 2024-25: 10% Sales Tax to Increase Prices of Computers and Laptops

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The government plans to double the sales tax on computers and laptops to generate approximately Rs3 billion in additional revenue, an effort to enhance state earnings amid economic challenges.

This decision to increase sales tax on these items is part of the government’s strategy to boost revenue. The hike is expected to raise the prices of computers and laptops, impacting household budgets and potentially hindering the adoption of new technologies.

Sales Tax on Computers in Pakistan

It has been observed that sellers may face challenges such as slower sales or a shift towards more affordable options. This stringent measure could push sellers to offer more value-added services to justify the higher costs.

The anticipated revenue from this tax increase is aimed at funding various public services and development projects.

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Overall, the government views this as a balanced strategy to meet fiscal needs while leveraging sectors with strong market demand.

 

 

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