Budget 2017-18: Mobile phones customs duty slashed

Budget 2017-18: Mobile phones customs duty slashed

ISLAMABAD – Finance Minister Ishaq Dar has presented the federal budget 2017-18 in the National Assembly of Pakistan.

The federal government has slashed rate of customs duty on the import of smartphones from Rs1000 to Rs650 in Budget 2017-18.

On Friday, Federal Finance Minister Ishaq Dar presented the fifth budget of the incumbent PML-N government with total outlay of Rs 4.778 trillion.

The minister also announced to decrease withholding tax received on mobile phone calls.