Lahore, July 15, 2024 – In a significant move, the Federal Tax Ombudsman (FTO) has clarified the regulations for overseas Pakistanis regarding vehicle importation. The ruling specifies that expatriates can import vehicles under the baggage scheme, transfer of residence scheme, and gift scheme, provided they adhere to a newly enforced two-year interval.
(more…)Category: Automotive
PkRevenue provides stories related to automotive industry. We focus on auto policy of Pakistan. The coverage also includes sales of domestic manufacturing.
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Honda Ye S7 Electric SUV for China Nears Launch
Honda is ramping up its electric vehicle efforts in China with the upcoming launch of the Ye S7. This mid-sized SUV, constructed on Honda’s W platform, has recently gained approval from Chinese regulatory authorities and is scheduled to hit the market later this year.
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KIA Offers Limited Time Deal on Kia Sportage in Pakistan
KIA Pakistan is creating a buzz among drivers with a special limited-time offer on the highly sought-after Kia Sportage SUV.
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Changan Alsvin Price in Pakistan: Specs, Features in July 2024
The Changan Alsvin, renowned for its affordability, is gaining popularity among budget-conscious consumers in Pakistan. Despite its competitive pricing, this compact sedan offers high-quality standards and features often found in more expensive vehicles.
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MG HS Price in Pakistan: Specs, Engine in July 2024
As of July 14, 2024, the latest pricing for the MG HS variants in Pakistan, locally manufactured by MG Motors Pakistan, is available.
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United 70cc Bike Price in Pakistan as of July 14, 2024
As of July 14, 2024, here’s the latest pricing for the United 70cc motorcycle in Pakistan. Produced by United Motorcycles, this model is well-regarded for its reliable performance, fuel efficiency, and affordability.
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FTO Exposes Tax Credit Problems in Leased Vehicles
Karachi, July 14, 2024 – The Federal Tax Ombudsman (FTO) has uncovered a significant problem with the withholding tax system for leased vehicles in Pakistan. This issue can lead to double taxation and denial of rightful tax credit for individuals and businesses leasing cars.
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Haval H6 Hi4: GWM’s New Plug-In Hybrid SUV
Great Wall Motor (GWM) is poised to enrich its electric vehicle lineup with the forthcoming launch of the Haval H6 Hi4 plug-in hybrid SUV, slated to debut in September 2024.
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JAC, Huawei Joint Venture: Luxury EV to Challenge Rolls Royce
JAC and Huawei are poised to shake up the luxury electric vehicle (EV) market with their ambitious new high-end MPV. The Chinese automotive and tech giants are set to unveil their first jointly developed model by mid-2025, aiming to challenge industry titans such as Rolls Royce and Maybach.
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Interior Upgrade Offer for Honda City by Honda Pakistan
Honda Pakistan has rolled out a limited-time offer for Honda City enthusiasts, allowing them to enhance their driving experience with a premium interior upgrade for just Rs 30,000.
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