FED

The purchase of locally-manufactured new cars and imported used cars has slowed down due to the prevailing economic uncertainty in the country. The overall car sales had somewhat recovered in March 2019;…

In the first nine months of the fiscal year 2019 (9MFY19), the auto industry experienced inconsistent steps on the policy front with the initial ban on car purchase for non-filers. This ban was partially…

The Finance Supplementary (Second Amendment) Bill 2019 has been passed and its provisions have come into effect, including the 10% federal excise duty (FED) on locally manufactured cars of 1700cc and above…