Pakistan

Country’s half-beating pulse economic pulse is hitting local car assemblers hard. Closed LCs, series of production cuts and sales slump has got industry in a big trouble. After Pakistan Suzuki Motors Company…

The National Highways and Motorway Police (NHMP) has announced deploying Intelligent Robotic Systems on motorways M1, M2, M3, and M4 in the next two years. Talking to the media, an NHMP spokesperson said that…

Well, at this point, we are all just waiting for newly hiked car prices, and Sazgar Engineering has announced the new prices of haval and BAIC. The implementation of the 25% GST  has resulted in another price…

Recently, the federal government added a 25% General Sales Tax (GST) to expensive goods. The Federal Board of Revenue (FBR) confirmed this additional tax by issuing a new sales tax notification under SRO…

Following the incumbent government’s move to impose 25% General Sales Tax (GST) on luxury items the local car assembler started passing on the effect to the customers which in turn, will shatter their…

With dwindling sales and production cuts ruling in the local industry amid prevailing economic breakdown, there seems no change in Toyota Indus Motor (INDU) ‘New Model Launch Plan’. Despite the year-on-year…

The federal government yesterday imposed the 25% General Sales Tax (GST) on luxury items. The Federal Board of Revenue (FBR) issued a new sales tax notification under SRO 297(1)/2023 confirming this new tax…

Following Pakistan Suzuki Motor Company (PSMC), Toyota Indus Motors (INDU) sales also marked a new low – posted a slump of 52% (year-on-year). Similarly, monthly sales followed the footprints – the company…

If there were any illusions, they should have been dispelled by now that the incumbent government would beget some relief for the country’s auto industry. Interestingly, the price hike saga following the…

Ladies and Gentlemen, this is your news provider speaking; brace for impact as the government has officially imposed 25% General Sales Tax (GST) on 1400cc and above cars, Sports Utility Vehicles (SUVs),…

Today’s hot news is that the government has imposed a flat 25% GST on locally assembled 1400cc and above cars. The Federal Board of Revenue (FBR) issued a new sales tax notification under SRO 297(1)/2023…

Another day, another tax confirmed for the local auto industry as the Federal Board of Revenue (FBR) issued a new sales tax notification under SRO 297(1)/2023, taking the net slab of General Sales Tax (GST) to…

In a move to promote women empowerment and inclusivity in the ride-hailing industry, a leading ride-hailing service has announced plans to launch a new women-driven bike service in Pakistan on International…

Amid the current economic situation and non-availability of LCs by the State Bank of Pakistan (SBP), Honda Atlas Cars (Pakistan) Limited has announced another plant shut down. The company made the announcement…

Following the Rupee depreciation, foreign exchange constraints, and prevalent pricing mechanism, the country's oil industry has sounded alarms regarding major fuel supply breakdown. State Bank of Pakistan's…