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Yesterday, we received Muhammad Aurangzeb's 2024-25 budget proposal in the National Assembly. As we told you earlier, the withholding tax on cars will now be charged on the ex-factory price rather than their…
Expected Price Hike for Local HEVs After New Tax Slab
When the consumers were waiting for the exemption or at least an ease in taxes imposed on local HEVs, the government, in the new fiscal budget 2024-25, has shattered all the hopes.
As per the “Finance bill…
Budget 2024-25: “SECRET ATTACK” On Locally Assembled Hybrid Cars
It’s not even been twenty-four hours since the new fiscal budget 2024-25 was proposed by Finance Minister Muhammad Aurangzeb; the local car industry has started feeling the heat of the imposition of new taxes.…
Only One in Pakistan Range Rover Evoque Convertible – Review
The Range Rover Evoque is a first-class convertible SUV coupe that was launched in 2016 by the British luxury car maker Land Rover. However, it didn’t manage to capture the market for more than three years and…
Budget 2024-25 – Govt Proposes New Withholding Tax on Local Cars
The government just released the budget for 2024-25. According to the new budget summary, the government has proposed a hike in the WHT (Withholding Tax) on new cars.
Furthermore, a change in the calculation…
Budget 2024-25: Govt Proposes Rs. 80/L Levy on Petrol & Diesel
For those who think that petrol prices will go down in the upcoming price revision, here is an update predicting a new crude shock. In the new fiscal budget 2024-25, Finance Minister Muhammad Aurangzeb has…
Budget 2024-25 – Proposed Taxes on Local & Imported Cars
Finance Minister Muhammad Aurangzeb presented the fiscal budget 2024-25 today in the National Assembly. During his speech, the minister announced various new taxes and duties on different sectors, including the…
Budget 2024-25 – Expected Taxes on Auto Sector & Petroleum Goods
Today, the federal government will unveil the highly anticipated fiscal budget 2024-25. Finance Minister Muhammad Aurangzeb is scheduled to deliver a speech in the National Assembly at 4 pm, outlining the key…
Spare Parts Cost of 5 Popular Pakistani Bikes
Pakistan is a price-sensitive market, and people consider the spare parts of their vehicle before buying it, even if it’s brand new. Many other things affect the buying decisions of Pakistani consumers, and…
What Budget 2023-24 Brought for Car Industry? – A Recap
It's June '24, and interestingly, budget 2024-25 is just hours away. There are several updates swirling around in the market regarding the tax and duties ready to impose on imported used cars in conjunction…
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