Heavy taxes imposed on makeup and toiletries
Imported products used in make-up, skin and hair care have come under regulatory duty, after which these products have become more expensive by upto 55 percent, reports Geo.
Budget for the year 2024-25 has imposed heavy taxes on imported milk, fruits, honey, apples, cherries, figs, mangoes making them 20 to 45 percent more expensive while the government increased regulatory duty from 5 to 55 percent on several other products.
Apples and lychees 45 percent, imported cherries and frozen fish 35 percent, corn and natural honey 30 percent, imported milk, milk cream, dates, figs, pineapples, guavas and pomegranates are also subject to 25 percent regulatory duty. Curd, butter and fruits also became expensive after the implementation of 20 percent regulatory duty.
50 percent regulatory duty has been imposed on imported shaving cream and soap, 45 percent on imported jewelry, 10 percent on imported overcoats, caps, jackets, trousers, skirts and shorts for men and women.
Regulatory duties on waterproof leather shoes, wash basins, bathtubs and imported commodes have also been increased.