Tax Reduction

Last week, Finance Minister Shaukat Tareen announced in parliament, "After review, we have also reduced the prices of not just 800cc cars but also 1000cc." However, the minister didn't specify which duties and…

On June 11th, the federal government announced Fiscal Budget 2021-22. May for the first time, the prices of cars got cheaper in an annual budget. During his speech, Federal Finance Minister Shaukat Tarin…

The automobile industry of Pakistan has sought tax reduction from the government. The demand comes as the sector is trying to resume production activities and increase sales amid COVID-19 pandemic in the…