Pakistan Revenue
Islamabad, May 11, 2025 – Pakistan has witnessed a significant surge in motor vehicle tax collection, which soared by 58% during the first nine months (July–March) of the ongoing fiscal year 2024-25, according to official data released by the Ministry of Finance.
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Islamabad, February 16, 2025 – The province of Punjab has emerged as the leader in motor vehicle tax collection among all provinces in Pakistan during the first half of the fiscal year 2024-25.
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Karachi, November 15, 2024 – Pakistan has seen a significant surge in motor vehicle tax collection, with a 54% increase in the first quarter (July – September) of the fiscal year 2024-25. According to recent data released by the federal finance ministry, the total collection for this period reached Rs 13.82 billion, up from Rs […]
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Karachi, July 3, 2024 – The Sindh government has issued updated motor vehicle tax rates under the Sindh Finance Act, 2024. These new rates, applicable from July 1, 2024, aim to standardize the tax regime for both imported and locally manufactured vehicles, reflecting the government’s strategy to balance revenue generation with promoting local automotive industries.
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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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Karachi, February 1, 2024 – Pakistan’s motor vehicle tax collections have reached a noteworthy Rs 16 billion during the first half (July – December) of the fiscal year 2023-24, as revealed by official data released by the federal finance ministry.
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Karachi, November 4, 2023 – Pakistan has successfully collected a substantial amount of Rs 8.98 billion in motor vehicle tax during the first quarter of the fiscal year 2023-24 (July to September).
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Karachi, August 19, 2023 – Punjab has emerged as the frontrunner in the collection of motor vehicle tax for the fiscal year 2022-23, as per recent official statistics released by the federal finance ministry of Pakistan.
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KARACHI: Collection of motor vehicle tax in Pakistan has declined by 9 percent to Rs24.87 billion during first nine months (July – March) 2022-2023 owing to challenging economic conditions hampering the growth in automotive industry.
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KARACHI: The new rates of advance tax on registration of motor cars have been notified through Finance Act, 2022. According to PwC A. F. Ferguson & Co. the new rates of advance tax on registration of the motor vehicles are as follows: READ MORE: Finance Act 2022 notifies tax rates on disposal of securities Engine […]
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