In a significant move, the Federal Board of Revenue (FBR) has taken a noteworthy decision to lower the registration fees for older models of Apple iPhones. This decision comes in the wake of an announcement made by the FBR regarding the reduction of taxes on Apple smartphones.
In direct response to the FBR’s initiative to decrease taxes on Apple iPhones, the PTA has swiftly taken action to reduce the registration charges associated with older versions of iPhone devices. This strategic reduction in registration fees by the PTA has been categorized into two distinct segments: passport-based fees and Computerized National Identity Card (CNIC)-based fees.
Under these revised regulations, the registration fee for an iPhone 8, utilizing a passport for identification, has been adjusted to Rs38,922. In contrast, for the same model, if registered using a CNIC, the fee now stands at Rs48,314. Similarly, for the iPhone 8 Plus, the registration fee when utilizing a passport has been set at Rs40,951, while if registered with a CNIC, it is now established at Rs50,546.
These changes in registration fees have been implemented as part of a series of adjustments aimed at harmonizing with the recent modifications introduced by the FBR. The ultimate goal of these changes is to streamline the process through which iPhone owners in Pakistan register their devices.
This collaborative effort between the PTA and the FBR signifies a proactive approach by Pakistani authorities to adapt to changing market dynamics and consumer preferences, fostering a more conducive environment for technology adoption in the country. With reduced registration fees and lower taxes, it is anticipated that more consumers will be encouraged to formalize the registration of their older iPhone models, thereby contributing to increased compliance and transparency within the technology sector.
As Pakistan continues its journey toward technological advancement and digital inclusion, these coordinated measures are expected to have a positive impact on both consumers and the broader economy, aligning with the nation’s vision for a digitally empowered future.