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Mobile phones likely to more expensive in Budget 2024-25

ISLAMABAD: The Finance Minister proposed major changes in tax policies including 18% sales tax on various categories of mobile phones while presenting the federal budget for the fiscal year 2024-25,

During the budget speech in the National Assembly session, Finance Minister Muhammad Aurangzeb has proposed 18 percent sales tax over the various categories of mobile phone.

The federal government proposed significant changes in the tax policies aimed to increasing revenue, Similarly there is a proposal to withdraw exemptions on various items depending on their categories.