Budget 2025-26 proposed several taxes on cars over 850cc including Green Tax on locally assembled cars, including Toyota models. This will raise prices of Toyota Corolla Altis by about Rs120,000–150,000. Sharif led government introduced a series of tax and policy reforms targeting Pakistan’s automotive sector in the newly unveiled Budget 2025–26. Corolla Altis Expected Prices … Read more
ISLAMABAD – The federal budget 2024-25 with a total outlay of Rs18,877 billion has announced with focus on increasing tax collection and support for productive sectors. The federal government has set a goal to collect Rs12,970 billion in taxes for the next fiscal year. They plan to impose taxes on different items, including stationery. Also … Read more
Budget 2024-25: The government plans to increase the sales tax on computers and laptops by twice the current amount to raise about Rs3 billion more in revenue, aiming to boost state earnings during economic difficulties.. The government’s plan to raise sales tax on these items is to increase income. This could make computers and laptops … Read more
Budget 2024-25: In a new proposal, the government has suggested withdrawing tax exemptions enjoyed by electric cars valued above $50,000, high-level sources told ProPakistani. Initially, imported electric cars received tax incentives to promote their import and adoption in Pakistan. However, these benefits are about to end, as electric vehicles priced above $50,000 will soon be … Read more
