Tue, 21-Oct-2025

No tax increase on Hybrid vehicles till 2026, confirms govt

No tax increase on Hybrid vehicles till 2026, confirms govt

Islamabad: The federal government has opted against its earlier plan to increase the sales tax on hybrid vehicles with engine capacities up to 1800cc. This decision follows a review by the National Assembly Standing Committee on Finance. Initially, the government had aimed to raise the sales tax on these hybrid cars from 12.5 percent to … Read more

Imported Hybrid Car Prices Raised in Budget 2024-2025

Imported Hybrid Car Prices Raised in Budget 2024-2025

The government has removed tax exemptions on imported hybrid cars in the 2024–25 budget. These cars will now be taxed at the standard rate based on engine capacity and selling price. Withholding tax on regular cars has increased, raising the price of imported hybrid cars. The government has removed tax exemptions on imported hybrid cars, … Read more