Decline in sale of mobile phone sets after budget

The heavy taxation imposed by the government in the budget 2008-09 is all set to hamper the growth of the cellular industry in the current fiscal year.

The government has estimated that approximately Rs 3 billion would be achieved through imposition of taxes on the mobile phones.

Muhammad Shahid, an owner of a mobile shop at Raja Bazar, while talking to TheNation, said, “Before the budget our business was on the peak but now we are waiting all the day for the customers as mobile are much expensive. He further said that the government should withdraw the tax on mobile phone sets and should impose tax on luxury goods as mobile is no more a luxury.