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Browsing Tag
Budget 2023-24
Even in the latest fiscal budget 2023-24, it appears that the car parts sector has been overlooked once again. The official budget document reveals that the government has imposed a significant customs duty…
Budget 2023-24 – Reduced Customs Duty on CKD Buses and Trucks
The government of Pakistan has made a significant decision that will bring relief to the manufacturers of Heavy Commercial Vehicles (HCVs). In the recently announced fiscal budget for 2023-24, the government…
Budget 2023-24 – 15% Customs Duty Imposed on Tractors
In the new fiscal budget 2023-24, the government of Pakistan has introduced a customs duty on the import of agricultural tractors. The customs duty, ranging from 10% to 15%, is based on the engine power of the…
Budget 2023-24 – 1% Customs Duty on CBU HEVs Explained
The current government presented the Fiscal Budget 2023-24 today in the National Assembly. As usual, there is excitement and a lot of confusion over the possible taxes and duties on cars and the auto industry.…
Budget 2023-24- Govt Ends Tax Cap on Asian Make Used Vehicles
The government presented Fiscal Budget 2023-24 today. Federal Finance Minister Ishaq Dar announced it during his speech in national assembly. During his speech, the federal minister proposed following taxes and…
Budget 2023-24 – Expected Taxes & Duties on Cars
The federal government is going to present Fiscal Budget 2023-24 today in the national assembly, and earlier, we gave you a recap of the previous year and discussed the taxes and duties imposed by the…
Budget 2023-24 to be Presented Today – A Recap of Last Year
The federal government is all to present the Fiscal Budget 2023-24 today in the parliament. According to media reports, Finance Minister Ishaq Dar will announce it at 4 pm in National Assembly. It would be one…
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