FBR

The car owners and consumers are facing difficulties and issues one-after-another. The latest problem owners in Punjab are facing is while paying token tax online. According to details, the owners of 2016-17…

Recently, the government has lifted a ban on non-filers to purchase cars above 1300cc engine capacity. The change in policy was lauded by many. However, now, as per news media outlets, while the non-filers are…

The Federal Board of Revenue (FBR) has scrapped the additional 2% duty on almost 200 items including auto parts, reports a local media outlet. As per details, the authority has issued a notification in this…

Engineering Development Board (EDB) has urged the Federal Board of Revenue to completely withdraw regulatory duty on locally manufactured parts to give them relief, reports Business Recorder. In a letter…

Federal Board of Revenue (FBR) is making efforts to add people who have bought cars worth over 15 lac in the last two years into the tax net, reports City 42. As per the details, the Federal Board of Revenue…

The Federal Board of Revenue (FBR) has increased regulatory duty (RD) on imported vehicles above 1800cc from 10 to 20%. In a statutory regulatory order (S.R.O) 1265(1)/2018 issued by the authority on 16th…

Federal Government has allowed non-filers to purchase vehicles. A few days back, Federal Board of Revenue barred non-filers to purchase cars with an aim to increase tax filers in the country. However,…

Federal Board of Revenue, on Friday 14th September 2018, issued a ban on income tax non-filers. According to the official sources, the non-filers will not be able to buy four-wheel vehicles, however, the…

Last month, the Supreme Court of Pakistan passed an order to Federal Board of Revenue (FBR) regarding the immediate return of all the vehicles used by the FBR officials. However, as per the Business Recorder,…

In an impressive move, Supreme Court of Pakistan has directed the Federal Board of Revenue (FBR) that all vehicles used by the FBR officials or the officials of its concerned departments such as Inland Revenue…

Pakistan’s local auto manufacturers are working at maximum capacity and yet not fulfilling the demands of local consumers and market. That is why many consumers buy imported cars, which features better…

Recently news regarding the FBR imposing duty on imported vehicles went viral in Pakistan. Top News Publications and Media houses gave the news that FBR has imposed UP to 60 percent regulatory duty on the…

Auto policy for 2015-18 is finally ready and has been sent to Economic Co-ordination Committee for the final approval. The committee working on the auto policy was headed by the Minister for Water and Power…

A meeting was held at the office of Minister for Water and Power Khawaja Asif on 1st of September to talk about the new Auto Policy 2015-20. The meeting was attended by Dr Mifta Ismail, Chairman Board of…

The Federal Board of Revenue (FBR) had issued SRO.175 (I)/2015 on 27th February 2015 to change the rate of sales tax on petroleum products to minimize the increase in petroleum prices. The FBR has decreased the…