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Own-money on cars jumps to historic high in Pakistan samaa.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from samaa.tv Daily Mail and Mail on Sunday newspapers.
Car prices in Pakistan are likely to go up samaa.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from samaa.tv Daily Mail and Mail on Sunday newspapers.
Sazgar to start Haval SUV production in June next year samaa.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from samaa.tv Daily Mail and Mail on Sunday newspapers.
Suzuki Cultus may get cheaper by Rs150,000 samaa.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from samaa.tv Daily Mail and Mail on Sunday newspapers.
The government will reduce taxes and duties in the fiscal year 2021-22 on cars below 850cc engine size, which are assembled in Pakistan. This will affect the prices of Suzuki Alto, Ravi, Bolan, Prince Pearl, and United Bravo. The change in the tax regime excludes imported used cars in the category such as Mira, Wagon R, Alto, and N-One. Finance Minister Shaukat Tarin announced these details while presenting the budget on Friday. The Federal Excise Duty (FED) of 2.5% has been removed and Sales Tax has been reduced to 12.5% from 17% on cars below 850cc, also called entry-level cars. “The cars below 850cc may see a price decrease of around 5% or 6%,” said an auto sector ana. ....