Products that can increase the price
1. Cigarette and nicotine products
The minimum retail price of cigarettes has been increased at all levels to protect public health. In addition, it has been proposed to impose a 350 percent supplementary duty on nicotine granules and nicotine pouches. This will increase the price of these products.
2. Gasoline, octane and diesel-powered cars
It has been proposed to increase the tax of imported oil-powered cars from 132 per cent to about 156 per cent. This can increase the market price of these cars.
3. Foreign Azubats
Imported almond tariffs have been increased from 1-5 per cent to 25 per cent to protect domestic producers. This can increase the price of foreign currency.
4. Imported Food and Consumables
The tariff prices of various products including foreign coffee, confectionery, processed food, honey, superi, lip liner, lip gel have been increased.
5. Rod and construction materials
Due to the increase in VAT on the raw materials of the rod production, the price of rods, one of the main materials of the construction sector, is likely to increase.
6. Other
Foreign Tiles, Sanitaryware, Basin, Foam, Microwave Oven, Bicycle & Parts, Toys
The prices of these products can also increase.
Products that can reduce the price
1. Six Essential Commodities
It has been proposed to reduce the tax on the source of sixty products including rice, pulses, wheat, potatoes, onions, garlic, ginger, salt, sugar, edible oil, fish, meat and so on.
2. Children’s food
The import duty on infant food raw materials has been reduced from 15 per cent to 10 per cent, which could reduce the price.
3. Dates and spices
Five percent regulatory duty on dates, cumin, cinnamon, carrots, cloves, peppers and corianders has been lifted.
4. Gold Jewelry
The source tax on gold supplies has been reduced from 5 per cent to 0.5 per cent. There has also been a change in the VAT structure.
5. Electric and Hybrid Cars
The taxover of EVs and plug-in hybrid vehicles has been significantly reduced to encourage eco-friendly transportation.
6. Laptops and Computers
Almost all import duties and VAT on laptops, desktops, servers, monitors and printers have been proposed to be withdrawn.
7. Medical supplies and medicines, dialysis filters, raw materials for cancer drugs
Various materials of the pharmaceutical industry
Tax exemption on these products can reduce medical expenses.
8. Musical and Film Equipment
The tariffs on guitar, piano, violin and cinematographic cameras and its parts have been reduced.
9. Other,
Foreign Meat, Livestock, Solar Power Equipment, POS Machine, Lipstick, FaceWash, Various Cosmetics
Prices of these products can also be reduced.