Pakistan's government plans to double the sales tax on computers and laptops from 5% to 10% in Budget 2024-25 for additional revenue generation.
Pakistan's government plans to double the sales tax on computers and laptops from 5% to 10% in Budget 2024-25, aiming to generate additional revenue of around Rs.3 billion. This decision may result in higher prices for these items, impacting household budgets and potentially slowing technology adoption. Revenue generated will support public services and development projects, while the government views the move as a balanced strategy to meet fiscal needs and leverage strong market demand.
June 12, 2024
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