The past month has witnessed a persistent decline in the value of USD against PKR, a result of recent measures implemented by Pakistani authorities to curb dollar hoarding and smuggling. This raises the question of whether there will be a corresponding decrease in PTA taxes on smartphones.
Our research indicates that the declining USD value could indeed lead to lower taxes on mobile phones. The duty calculator on the official website of the Federal Board of Revenue (FBR) automatically updates with fluctuations in the USD value, suggesting that smartphone taxes should also adjust accordingly.
|Smartphone Models||New Price (PKR)||Old Price (PKR)|
|Samsung Galaxy A14 4GB/128GB||56,999/-.||62,999/-.|
|Samsung Galaxy A14 6GB/128GB||59,999/-.||64,999/-.|
|Samsung Galaxy A04 3/32GB||31,500/-.||37,500/-.|
|Samsung Galaxy A04 4/64GB||35,500/-.||42,999/-.|
|Samsung Galaxy A04s 4/64GB||39,999/-.||44,999/-.|
|Samsung Galaxy A04s 4/128GB||43,999/-.||48,999/-.|
|Xiaomi Redmi 10 A (4GB+128GB)||32,999/-.||42,999/-.|
|Xiaomi Redmi 10 A (3GB+64GB).||28,999/-.||38,999/-.|
|Xiaomi Redmi A1+(3GB+32GB)||21,999/-.||26,999/-.|
|Xiaomi Redmi A1+ (2GB+32GB)||19,999/-.||23,999/-.|
|Xiaomi Redmi 12C (4 GB+64 GB)||27,999/-.||30,999/-.|
|Redmi 12C (4GB+128GB)||30,999/-.||33,999/-.|
|vivo Y02s (3GB+32GB)||31,999/-.||35,999/-.|
|vivo Y02t (4GB+64GB)||35,999/-.||39,999/-.|
In recent weeks, several smartphones have seen price reductions, which could be partly attributed to the falling dollar value. Here’s a look at some recent price drops:
|Phone||Previous Price (PKR)||Current Price (PKR)|
|Samsung Galaxy M53||59,999||55,999|
|Realme Narzo 50A||24,999||22,999|
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If the USD continues its downward trend, we anticipate further price reductions on smartphones.
Impact on Consumer Behavior
The declining smartphone prices are expected to have the following impacts on consumer behavior:
- Increased Purchases: Consumers may be more inclined to buy new phones or upgrade their existing ones as prices fall.
- Boosted Consumer Confidence: Reduced smartphone prices can also strengthen consumer confidence in the market, leading to increased purchases.
- Intensified Market Competition: The price reductions can intensify competition among smartphone manufacturers and retailers, driving them to offer better deals and promotions.
We hope this revised article and title options are helpful.