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Used imported mobiles become costlier after 175pc FBR hike | The Express Tribune

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Used imported mobiles become costlier after 175pc FBR hike | The Express Tribune


62 mobile models of various brands become costlier after FBR increases duties, taxes on used phones

The federal government has increased taxes on used imported mobile phones after raising their customs valuation by up to 175%, making 62 models of various brands more expensive.

According to documents available to The Express Tribune, the Federal Board of Revenue (FBR) has revised the customs valuation of imported mobile phones through its Directorate General of Customs Valuation, issuing a new valuation ruling under which taxes will henceforth be collected based on revised values.

Officials said the increase in customs valuation has directly raised the tax burden on imported mobile phones. Following the new ruling, 62 models of various well-known brands have become costlier.

The new framework applies to all used mobile phones regardless of their condition. It further requires that imported mobile phones must have been activated at least six months before import, and importers are required to provide activation details, which will be verified by customs authorities.

The previous valuation ruling has been withdrawn and replaced with Valuation Ruling No. 2070. Prices have been determined on the basis of market and import data, with officials warning that the cost of importing used mobile phones is expected to rise significantly.

Under the revised structure, the customs value of a used iPhone 15 Pro Max has been increased from $460 to $505, while the iPhone 15 Pro has been raised from $390 to $472. The iPhone 15 Plus has increased from $320 to $390, and the iPhone 15 from $310 to $378.

Similarly, the iPhone 14 Pro Max has been revised from $360 to $413, the iPhone 14 Pro from $290 to $350, and the iPhone 14 from $210 to $275. The iPhone 13 Pro Max has been increased from $295 to $374, while the iPhone 13 Pro has been raised from $225 to $293 and the iPhone 13 from $170 to $225.

For older models, the iPhone 12 Pro Max has been increased from $215 to $274, the iPhone 12 Pro from $155 to $222, and the iPhone 12 from $120 to $156. The iPhone 11 Pro Max has been revised from $145 to $211, the iPhone 11 Pro from $125 to $160, and the iPhone 11 from $95 to $133.

The customs value of the iPhone XS Max has been kept unchanged at $95, while the iPhone XS has been increased from $66 to $73. The iPhone XR has been raised from $76 to $80, and the iPhone X from $57 to $70. The iPhone 8 Plus has been increased from $47 to $78, while the iPhone 8 has been revised from $38 to $45. The iPhone 7 Plus has increased from $26 to $35.

For entry-level models, the iPhone SE (2nd generation) has been increased from $25 to $52, while the iPhone SE has been revised from $25 to $47. The iPhone XS R3 has also been increased from $25 to $47.

Among Android devices, the Samsung Galaxy S23 Ultra has increased from $255 to $305, the S23 Plus from $160 to $260, and the S23 from $140 to $250. The Galaxy S22 Ultra 5G has been raised from $160 to $260, while the S22 Plus 5G has been increased from $75 to $180. The Galaxy S22 5G has been revised from $80 to $130.

The Galaxy S21 Plus 5G has been increased from $69 to $150, and the S21 5G from $50 to $110. The Galaxy S20 Plus has been revised from $46 to $94, while the S20 has been increased from $41 to $75. The Galaxy S10 Plus has been raised from $25 to $60, the S10 from $25 to $54, and the S10e from $25 to $49.

For the Note series, the Galaxy Note 20 Ultra has been increased from $115 to $145, the Note 20 from $59 to $95, the Note 10 from $41 to $60, and the Note 9 from $25 to $50.

Google Pixel devices have also seen significant revisions. The Pixel 9 Pro XL has been increased from $260 to $348, while the Pixel 9 Pro has been raised from $195 to $290, and the Pixel 9 from $150 to $215. The Pixel 8 Pro has increased from $188 to $215, and the Pixel 8a from $98 to $120. The Pixel 7 Pro has been revised from $119 to $145, while the Pixel 7 has been increased from $59 to $105.

The Pixel 6 Pro has been raised from $55 to $110, the Pixel 6 from $32 to $94, the Pixel 6a from $28 to $82, and the Pixel 5 from $18 to $47. The Pixel 5a 5G has also been increased from $18 to $47.

OnePlus models have also been revised, with the OnePlus 12 increased from $184 to $211, the 12R from $105 to $176, the 11 from $92 to $121, the 10T from $60 to $90, and the 10 Pro from $65 to $113.

The FBR has clarified in the valuation ruling that used mobile phones imported in commercial quantities without packaging or accessories will be assessed according to the values listed in the relevant table, regardless of condition or grading.

It has also been made mandatory that such mobile phones must have been activated at least six months before export, and importers will be required to declare activation periods, subject to verification by customs collectors.

If any brand or model is not included in the list but is imported in commercial quantity, its valuation will be determined under the relevant provisions of the Customs Act, 1969. If declared invoice values are higher than the prescribed customs values, duties and taxes will be applied on the higher value.

The ruling further states that freight differences for air and sea shipments will also be included in valuation. Customs field formations have been directed to strictly implement the new ruling.



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Top stocks to buy today: Stock recommendations for April 24, 2026 – check list – The Times of India

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Top stocks to buy today: Stock recommendations for April 24, 2026 – check list – The Times of India


Top stocks to buy (AI image)

Stock market recommendations: Bharat Electronics, and Colgate-Palmolive (India) have been recommended as the top stocks to buy today (April 24, 2026) by Bajaj Broking Research. Take a look at the target prices and expected returns:Bharat ElectronicsBuy in the range of ₹ 440.00-450.00

Target Return Time Period
₹ 495 11% 6 Months

The stock is in structural up trend forming higher high and higher low in all time frame signaling strength and continuation of the uptrend. The entire up move of the last 8 months is in a rising channel as can be seen in the chart highlighting sustained demand at an elevated level.On the smaller time frame, the stock is at the cusp of generating a breakout above the bullish Flag like formation as post a sharp up move in the first 3 weeks of April the stock went into a consolidation phase in the last four sessions. It is seen resuming up move and is at the cusp of generating a breakout above the bullish Flag formation highlighting continuation of the up move and offers fresh entry opportunity.We expect the stock to extend the up move and head towards 495 levels in the coming months being the confluence of the 123.6% external retracement of the previous decline 473 – 400 and the upper band of the rising channel of the last 8 months.Colgate-Palmolive (India)Buy in the range of 2120-2160

Target Return STOPLOSS Time Period
₹ 2330 9% 2020 3 Months

The share price of Colgate-Palmolive has generated a breakout above bullish Flag pattern signaling continuation of the up move and offers fresh entry opportunity.We expect the stock to head higher towards 2330 levels in the coming months being the measuring implication of the bullish flag breakout.The daily 14 periods RSI is in buy mode thus supports the positive bias in the stock.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)



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Global stock markets are too high and set to fall, says Bank of England deputy

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Global stock markets are too high and set to fall, says Bank of England deputy



It is unusual for a senior figure at the Bank to be so forthright on market movements.



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Consumer confidence falls as rapid price rises give households the ‘jitters’

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Consumer confidence falls as rapid price rises give households the ‘jitters’



Consumer confidence has fallen for the third consecutive month amid household “jitters” over rapid price rises, figures show.

GfK’s long-running consumer confidence index fell four points to minus 25 in April, following falls of two points and three points in March and February respectively.

The deepening concern was driven by perceptions of the UK economy, with a six-point slide in confidence for the next 12 months to minus 43, its lowest level since February 2023.

Confidence in personal finances over the coming year fell five points to minus four – one point lower than this time last year.

The major purchase index – an indicator of confidence in buying big ticket items – held steady, albeit at minus 18 but one point better than last April.

The only measure to improve was the savings index – often an indication that households are concerned about their finances and looking to build contingency funds – which is up five points to 32.

Neil Bellamy, consumer insights director at GfK, said: “Consumers really do have the jitters now.

“It is a year since we last saw a monthly drop of this size, and we have to go back to October 2023 to find the last time consumer confidence was lower.

“Everyone is grappling with rapid price rises, especially at the fuel pumps, which are taking a dent out of household budgets, and people know further price hikes are coming.

“Consumer confidence is deteriorating sharply, with fuel prices and threats of more energy price increases acting as constant reminders of inflation.

“While the Gulf crisis is intensifying pressures, much of the current strain reflects earlier domestic cost increases.

“How long can all this disruption and pain continue?”



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