Tag: motor vehicle tax

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.

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 […]

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.

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.