Budget 2021-22

The new budget has brought a lot of good news for the common people. First, we heard about the prices of cars up to 850cc going down due to massive tax exemptions. Then, the government extended the tax relief…

Earlier this month, the federal government made cars up to 850cc cheaper by ending the Federal Excise Duty (FED) and reducing the Sales Tax to 12.5% from 17%. Everyone received the news with great excitement.…

The federal government presented Fiscal Budget 2021-22, and there are some good news for the auto industry. While addressing National Assembly, Federal Finance Minister Shaukat Tarin announced massive tax…

In annual budget 2021-22, the government has removed Federal Excise Duty (FED) on locally assembled cars under 850cc. It was 2.5% earlier. While speaking at National Assembly Federal Finance Minister Shaukat…