tax

FBR has found that several influencers and wealthy individuals were showing off luxury cars and lavish lifestyles online while declaring very little income in their tax returns.

The Finance Act 2023 has brought about significant changes in the tax landscape, especially concerning completely knocked down (CKD) cars and registration of electric vehicles (E-vehicles). However, the act has…

Income tax collection has surged by 35% due to the registration of new cars during the last seven months of the current fiscal year (July-Jan), reports a local media outlet. This has caught many analysts by…

In a bid to reduce traffic flow in Lahore, provincial government initiated many projects one of them being Ring Road. A few days back Lahore Ring Road Authority (LRRA) inaugurated ring road’s southern loops 1…

Yesterday, Punjab’s Finance Minister Aisha Ghaus Pasha announced that the Government of Punjab would impose a one-time tax on imported used cars. The statement came during the announcement of the province’s…

Car dealers have announced a strike today following the 400% increase in the transfer and registration fee of automobiles. They have called a complete shutdown of showrooms on Tuesday, 12th May 2015 (today).…