FBR imposes NEV adoption Levy on traditional vehicles, see details inside
The Federal Board of Revenue (FBR) has officially imposed the NEV adoption levy on internal combustion engine (ICE) vehicles, aiming to promote energy-efficient and electric alternatives by reducing reliance on conventional fuel-powered transport. The government issued the notification after announcing its comprehensive New Energy Vehicle (NEV) Policy for 2025–30, which targets a transformative shift in … Read more