Reisemobile im Vergleich – Fahrbare Ferienhäuser – vom Leichtgewicht bis zum Supertanker zsz.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zsz.ch Daily Mail and Mail on Sunday newspapers.
Express News Service
HYDERABAD: Following on the heels of the recent fuel price hike, the Centre, in fresh depredation, has decided to increase the prices of domestic LPG cylinders (14.2kg ) by Rs 25 on Thursday, taking it Rs 846.50 per unit. This is the third hike in February alone and the fourth since December last year.
On December 1, the price of an LPG cylinder (14.2 kg) for domestic consumption was Rs 646, which was increased by Rs 100. In this month, the price was further hiked by Rs 25 on February 4, Rs 50 on February 15, and now Rs 25 on February 25.
Agitated by the continuous increase in cylinder prices, especially when there is a pandemic-induced economic slump, several residents demanded the government to lower the LPG prices. “My husband works as a watchman and I work as a house help work. In the last few months, our employees have reduced our salaries attributing it to the pandemic. After fuel, now LPG prices have increased. This might not affect the rich but
Pandemic wreaks havoc on car sales
Additional road tax also to blame
Passenger vehicle sales fell by around 26 per cent in 2020 compared to the previous year due to the ongoing coronavirus pandemic and imposition of additional road tax.
Passenger car sales were at its lowest in the past seven years as a total of 12,403 units were sold in 2020 while it was 14,681 units in 2014.
Sales started rising in 2014 and continued to increase until 2019, according to data from the Bangladesh Road Transport Authority (BRTA).
However, the Covid-19 fallout and imposition of additional road tax negatively affected the industry, market players said. The government decided to increase advanced income tax, commonly known as road tax, by 67 per cent for the current fiscal year.
Importers of bike spare parts in trouble over high taxes
Association chairman criticises govt for imposing cumulative
85.5% duty
It’s not the case that bike financing was unprecedented in Pakistan. The credit facility has been in place, but the renewed and increased interest is something new. PHOTO: FILE
KARACHI:
Stakeholders of the motorcycle spare parts segment of the automobile industry have said that the sector is overburdened with a high customs duty and additional customs duty applicable to the import of spare parts of two-wheelers.
Speaking to The Express Tribune, All Pakistan Motorcycle Spare Parts Importers and Dealers Association Chairman Khalid Waheed criticised the government for slapping a cumulative 85.5% duty on commercial importers of auto parts.
Fire Destroys Shops At Kaduna Automobile Market channelstv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelstv.com Daily Mail and Mail on Sunday newspapers.