Blogged Pages - 18102018954

14:54

Tax on Imported Cars Reduced by 50-80%

From the Blog propakistani The government of Punjab has drastically cut down the taxes on imported vehicles. This move was announced in its Finance Bill presented on Tuesday. In the revised budget for the fiscal year 2018-19, the government of Pakistan's largest slashed 50 to 80 per cent of taxes on cars with different engine capacities. The PTI-led government hopes the move will encourage people to register their imported vehicles in Punjab instead of the federal capital or other provinces. - The revised tax for cars from 1,300cc to 1,500cc will now be Rs. 15,000, coming down from Rs. 70,000. - Taxes on cars with engine capacity from 1500cc to 2000cc is proposed to be Rs. 25,000. Previously it was 150,000. - Furthermore, those wanting to import cars with engine capacities from 2,000pakistanblogs.blogspot.comRead Full PostComments

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