Businessmen reject hike in taxes on laptops - News Summed Up

Businessmen reject hike in taxes on laptops


The government has hiked taxes on computers, laptops and their accessories at a time when people direly need tech gadgets to educate their children, work from home and attend conferences. The Customs authorities announced new valuations for old and used computer systems, laptops, printers, auxiliaries and accessories of all origins, he elaborated. The government made repeated claims about steering ease of doing business in the country, but the fresh move would affect businessmen adversely, he said. CPUs, which earlier cost Rs3,000, will be available for Rs10,000 following the imposition of duty. “Laptops, which used to start from Rs8,000-10,000, will not be available for less than Rs20,000 now,” he said.


Source: The Express Tribune March 06, 2021 04:07 UTC



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