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PTA cuts taxes on registration of iPhone 14 series

02:30 PM | 17 Jun, 2023
PTA cuts taxes on registration of iPhone 14 series
Source: File Photo

ISLAMABAD – Pakistan Telecommunication Authority (PTA) has reduced tax on registration of iPhones 14 series on the directions of Federal Board of Revenue (FBR). 

Reports said the taxes had been reduced by up to 20% for different models of the series. It has been reduced ranging from Rs.9,074 to Rs31,562 for those who get their devices registered through passport while it is ranged from Rs 29,832 to Rs34,901 on registration through CNIC.

On Passport, the amount of tax on iPhone 14 has been declined by Rs9,074 to Rs125,751, while it has been reduced by Rs14,824 to Rs125,751 for iPhone14 Plus. 

The PTA has cut tax on iPhone14 Pro and iPhone14 Pro Max by Rs22,775 and Rs31,562 to Rs127,000 and Rs127,068, respectively.

On CNIC, the authority has approved reduction in taxes by Rs29,832 and Rs36,157 on iPhone 14 and iPhone14 Plus to Rs131,126 for both models. 

For iPhone14 Pro, the tax has been reduced by Rs31,602 to Rs145,801 while Rs34,901 has been cut for iPhone14 Pro Max to Rs152,242. 

The announcement will provide relief to people who are using non-PTA approved iPhone. 

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Currency Rates in Pakistan Today - PKR to US Dollar, Euro, Pound, Dirham, and Riyal - 21 April 2024

Pakistani currency remains unchanged against US Dollar and other currencies on April 21, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro stands at 293 for buying and 296 for selling while British Pound hovers at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.20 and Saudi Riyal's new rate was at 73.30. 

Today’s currency exchange rates in Pakistan - 21 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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