Tuesday, July 23, 2024
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Computers and Laptops Prices Will Increase in Pakistan if Sales Tax is Doubled 2024

The federal government of Pakistan has agreed to increase the sales tax on Computers and Laptops from 5 percent to 10 percent in the 2024-2025 budget. It is expected that this amendment will lead to an increase in the cost of these electronic gadgets in an effort to increase government revenue.

Additionally, the finance minister, Muhammad Aurangzeb, announced a major increase in the salaries of civil servants, increasing by 25 percent. Additionally, the pension of retirees will increase by 15%. Additionally, the minimum monthly salary has been increased from Rs 32,000 to Rs 37,000.

By adopting these salary and pension hikes, the government hopes to reduce the problems faced by its employees despite financial constraints. These initiatives are part of a larger initiative to strengthen the support networks and financial standing of Pakistan’s public sector employees.



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