Tue, 21-Oct-2025

Car Prices to Increase in Pakistan in Budget 2024-25

Car Prices to Increase in Pakistan in Budget 2024-25

The government considers raising the withholding tax on new car purchases. A proposed tax hike could significantly increase prices, impacting even budget-friendly models. The auto industry is already struggling with slow sales due to inflation. The government is contemplating a substantial rise in withholding tax on new car purchases, with proposed changes not limited to … Read more