The federal government has announced the annual budget for the financial year 2023-2024. While it includes little to no announcements for tech or telecom-related products or services, there is good news for freelancers and gadget lovers.
According to exclusive government documents available with ProPakistani, there will be no sales tax for laptops, personal computers, notebooks, computer parts and other related devices.
The same goes for some parts of lithium batteries which are used in a wide range of electronic devices such as smartphones, laptops, appliances, and dozens of other products.
Software exporters registered with Pakistan Software Export Board will have a concession on the assessed value of the imported goods equivalent to 1% of their export proceeds of the previous financial year subject to the conditions:
(i) Pakistan Software Export Board shall certify that the imported goods are bona fide requirements for their own use of the Software exporter; and
(ii) Export proceeds shall also be certified by the Pakistan Software Export Board (Explanation: Concession equivalent to 1% of the export proceeds of the preceding Financial Year on the assessed value of the imported goods may be availed on one or multiple consignments during the financial year but cumulatively it will not exceed 1% of the export proceeds.)
This means we can expect local prices for these gadgets to improve, at least for the time being.
You are mistaken. The relief measure was already put in place in TY2018-2019 with FBR. The Sales Tax exemption is not for general importers but manufacturers and IT exporters only. Not import retailers/consumers. So this does not change anything.
Under budget salient features of Sales Tax given on FBR:
– Grant of exemption of sales tax on import of IT equipment by exporters of IT and ITeS registered with Pakistan Software Export Board.
I am applied for laptop
Apply kasy kara
There is no article on Smartphones and tablets taxes in budget. Shame on ProPaki.
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Mujy laptop ki bhot zarorat hain
Or Mujhe bhi
Jb apko mil jae to batana
Also me I am a computer science student 😔
I am applied for laptop
How and where?
I’m a student and I’m not able to purchase a Laptop So .how to apply this Laptop program.
Study
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Good step taken by the govt ehsaasrashanportal.online
Assalamualaikum govt of Pakistan
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