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Wednesday 08 May, 2024
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Huge Price Drop for iPhone 14 Series as PTA Tax Reduced

BY Shahzad Saeed Jun 16, 2023. 06:28 pm UPDATED: Jun 16, 2023. 06:28 pm

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On the advice of the Federal Board of Revenue (FBR), the Pakistan Telecommunication Authority (PTA) revised its tax allocation for iPhones. Taxes on the iPhone 14 series have been significantly reduced by between 10 and 20 percent, with significant variations ranging from Rs. 9,074 to Rs. 31,562 (on Passport) and Rs. 29,832 to Rs. 34,901 (on CNIC).

While the tax on CNIC has significantly decreased from Rs. 160,958 to Rs. 131,126, the tax on the iPhone 14 has decreased from Rs. 134,825 to Rs. 125,751 (on passport). Additionally, the price of the iPhone 14 Pro Max has decreased because the tax on passports and CNICs was reduced by Rs. 31,262 and Rs. 34,901, respectively.

The table below shows the tax differences for each iPhone 14 model.

iPhone PTA Tax on Passport:

iPhone ModelNew TaxOld TaxDifference
iPhone 14 Pro MaxRs. 127,068Rs. 158,630Rs. 31,562
iPhone 14 ProRs. 127,000Rs. 149,775Rs. 22,775
iPhone 14 PlusRs. 125,751Rs. 140,575Rs. 14,824
iPhone 14Rs. 125,751Rs. 134,825Rs. 9,074
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iPhone PTA Tax on CNIC:

iPhone ModelNew TaxOld TaxDifference
iPhone 14 Pro MaxRs. 152,242Rs. 187,143Rs. 34,901
iPhone 14 ProRs. 145,801Rs. 177,403Rs. 31,602
iPhone 14 PlusRs. 131,126Rs. 167,283Rs. 36,157
iPhone 14Rs. 131,126Rs. 160,958Rs. 29,832

Users of iPhones with non-PTA-approved phones should take advantage of this opportunity, and for anyone considering purchasing a new iPhone or an upgrade from an older model, this may be the ideal time to do so.

Read more: Sri Lankan Doctors Remove World’s Largest Kidney Stone from 62-Years Old Person

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