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Browsing Tag
General Sales Tax
After the Economic Coordination Committee (ECC) had accepted the proposal to increase the General Sales Tax (GST) from 18% to 25% on all cars above Rs. 40 lacs but with engine sizes lower than 1400cc, the local…
Mini-Budget Passed – FED & GST on Cars REVISED!
And the wait is finally over; the federal government has passed the Finance (Supplementary) Bill 2021, also known as mini-budget, from National Assembly. If you remember, the government proposed several Federal…
PM Imran Reduced Sales Tax on Petrol from 17% to 0
These days, petrol prices have become a common subject of discussion. Not a day goes by without news or update on the petrol prices in Pakistan. Today’s update is that, for the first time in the history of…
Govt to Impose New Tax On Petroleum Goods
The government is considering to impose PKR 20 General Sales Tax (GST) per liter on petroleum products in the country. The new potential tax will be implemented in this year’s annual budget. According to…
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