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Browsing Tag
GST
Pakistan is gearing up for yet another increase in petroleum product prices, a development that could further exacerbate the ongoing economic challenges faced by the nation.
The impending price hike is…
Ex-GST Rate – Reason of Sudden Huge Drops in Car Prices?
The car prices, in the last couple of days, have seen massive drops as Kia announced a reduction of over Rs. 15 lacs for Stonic, followed by Rs. 4.5 lacs for Peugeot 2008, and then it was Suzuki Swift with Rs.…
25% Sales Tax Could Kill Auto Industry: PAMA
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…
Though not 1400cc, 25% GST on Peugeot 2008 & Stonic
Today’s hot news is that the government has imposed a flat 25% GST on locally assembled 1400cc and above cars. The Federal Board of Revenue (FBR) issued a new sales tax notification under SRO 297(1)/2023…
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…
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