Withholding Tax

Not surprisingly, Chery Pakistan has announced a price hike for its crossover SUVs, Tiggo 4 Pro and Tiggo 8 Pro. However, the company has made a slight upgrade in the calculation of the price, as it has…

Two weeks back, when the federal government proposed the new withholding tax in fiscal budget 2024-25, we informed you in our blog that car prices would be increased soon after the budget was approved. And…

The government presented the Annual Budget 2022-2023 on Friday. The new budget has proposed to increase the Advance Tax on cars  from 100% to 200% for non-filers. Currently, Advance Tax for non-filer citizens…

The federal government has decided to tackle the issue of 'On Money' on selling of cars by specific individuals. The decision was taken during a meeting of Economic Coordination Committee (ECC) on December 16.…