The price of the handsets will go up as the government today proposed 5 percent value-added tax on mobile handset sales.
The share of value-added tax (VAT) in the national exchequer has continuously been creeping up ever since its introduction more than 27 years ago, and has increased in recent years to the point where it is the single biggest slice of revenue collections by the government.
The price of the handsets will go up as the government today proposed 5 percent value-added tax on mobile handset sales.
The share of value-added tax (VAT) in the national exchequer has continuously been creeping up ever since its introduction more than 27 years ago, and has increased in recent years to the point where it is the single biggest slice of revenue collections by the government.
