The Pakistan Business Council (PBC) has put forth a bold proposal for the upcoming budget of 2024-25, recommending a significant increase in advance tax rates on motor vehicle purchases by non-filers of income tax returns.
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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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Pak Suzuki Unveils Two-Tone Exterior Colors for Swift
Pak Suzuki has unveiled a trendy addition to its popular Suzuki Swift lineup. The renowned car manufacturer has introduced a captivating two-tone exterior color option for the Suzuki Swift GLX CVT, without any increase in price. Priced attractively at Rs. 4,719,000, this latest offering promises to elevate the driving experience with its enhanced aesthetics.
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Maruti Suzuki Introduces Epic New Swift with Z-Series Engine
Maruti Suzuki, the leading automotive manufacturer, has unveiled the highly anticipated Epic New Swift, boasting the groundbreaking Z-Series 1.2L engine. This innovative marvel seamlessly integrates cutting-edge technology with sustainability, setting new benchmarks in the automotive industry.
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Toyota Pakistan Launches Highly Anticipated Prado in Two Variants
Toyota Pakistan has introduced the much-anticipated Toyota Prado in the local market, available in two distinct variants – petrol and diesel.
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New Reduced Price of Changan Oshan in Pakistan
Here are the updated pricing details for the Changan Oshan X7 models currently available in Pakistan as of May 10, 2024. The Changan Oshan X7, a remarkable SUV crafted by the Chinese automaker, Changan Automobile, stands out for its exceptional performance and design.
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Reduced Prices of Suzuki Swift Variants in Pakistan from May 2024
Here is the latest update on the revised pricing for Suzuki Swift models available in Pakistan as of May 10, 2024. Renowned for its striking design, exceptional fuel efficiency, and nimble handling, the Suzuki Swift continues to shine in the automotive landscape.
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FBR Receives Proposals to Clamp Down Benami Car Purchases
KARACHI, May 9, 2024 – The Federal Board of Revenue (FBR) is considering new measures for the 2024-25 budget to combat benami (anonymous) transactions in the automobile sector and to enhance tax collection across various sectors.
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South Korea Records 10% Surge in Car Shipments in April 2024
South Korea has witnessed a significant uptick in car shipments, recording a 10 percent increase in April 2024, according to recent official data released by the Ministry of Trade, Industry and Energy.
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Toyota Motor Reports Record Earnings of 4.94 Trillion Yen
Toyota Motor Corporation announced a historic milestone, reporting a record net profit of 4.94 trillion yen (approximately $31.82 billion USD) for the fiscal year 2023, ending in March.
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Motor Vehicle Tax Collections Reach Rs 25 Billion in 9MFY24
Islamabad, May 5, 2024 – Pakistan has seen a modest rise in motor vehicle tax collections, reaching Rs 25 billion during the first nine months of fiscal year 2023-24, according to the latest data released by the federal finance ministry.
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