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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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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 7 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 7, 2024 (Sunday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.65 for buying and 280.65 for selling on last day of the week.

Euro's buying rate moves up to 294.3 and selling rate is 297.8 while British Pound rate is 350.5 for buying, and 353.5 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal increased to 73.40.

Currency Symbol Buying Selling
US Dollar USD 277.65 280.65
Euro EUR 294.30 297.80
UK Pound Sterling GBP 350.50 353.50
U.A.E Dirham AED 75.05 75.85
Saudi Riyal SAR 73.40 74.20
Australian Dollar AUD 182.25 184.00
Bahrain Dinar BHD 740.12 748.12
Canadian Dollar CAD 202.90 204.90
China Yuan CNY 38.25 38.65
Danish Krone DKK 40.03 40.43
Hong Kong Dollar HKD 35.60 35.95
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 907.61 916.61
Malaysian Ringgit MYR 58.89 59.69
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.34 77.04
Singapore Dollar SGD 202.15 204.15
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.11 311.61
Thai Bhat THB 7.57 7.72

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