KARACHI: The State Bank of Pakistan (SBP) has said that the imposition of federal excise duty (FED) may negatively affect local automobile industry as imported parts would become costlier. Read more »
ISLAMABAD: Federal Board of Revenue (FBR) has issued updated withholding tax rates on registration of new motor vehicles effective from July 01, 2019. Read more »
KARACHI: Federal Board of Revenue (FBR) has allowed reduced rate of customs duty on import of certain automotive vehicles in Completely Built Units (CBUs) under Automotive Development Policy 2016-2020. Read more »
ISLAMABAD: Federal Board of Revenue (FBR) has imposed restriction on selling the duty free imported goods for machinery and motor vehicles for Thar coal field. In order to impose restrictions the FBR... Read more »
KARACHI: Federal Board of Revenue (FBR) has been urged to impose Rs100,000 as additional advance tax on all type of motor vehicles, which are sold before registration. Read more »
KARACHI: Federal Board of Revenue (FBR) has issued updated withholding tax rates on purchase and registration of motor vehicles. Read more »
KARACHI: Pakistan Customs has announce public auction of used motor vehicles and heavy bikes to be held on April 09, 2019 at Bay West, West Wharf Road, Karachi. Read more »
KARACHI: The local car assemblers are main beneficiary of the government decision to allow non-compliant taxpayers for purchasing motor vehicles, analysts said on Thursday. Read more »
KARACHI: The government has allowed free of duty and taxes on import of up to 25 motor vehicles to an investor making investment $125 million and above in export processing zones. Read more »
KARACHI: The government has enhanced Federal Excise Duty (FED) rates up to 30 percent on imported vehicles through Finance Supplementary (Second Amendment) Bill, 2019. Read more »
KARACHI: In order to generate sizeable revenue during the current fiscal year the government has lifted the ban on non-filers for purchasing motor vehicles. Read more »
KARACHI: Sindh Minister for Excise and Taxation & Narcotics Control and Parliamentary Affairs Mukesh Kumar Chawla has warned the owners of the tax defaulting vehicles to pay their due taxes to avoid... Read more »