Goverment – CarSpiritPK https://carspiritpk.com Pakistan's Trusted Automobile Blog Sun, 31 Mar 2024 07:03:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://carspiritpk.com/wp-content/uploads/cropped-cspk-fb-32x32.jpg Goverment – CarSpiritPK https://carspiritpk.com 32 32 Govt to Treat Vehicles with 2,000 km Mileage as New https://carspiritpk.com/govt-to-treat-vehicles-with-2000-km-mileage-as-new/?utm_source=rss&utm_medium=rss&utm_campaign=govt-to-treat-vehicles-with-2000-km-mileage-as-new https://carspiritpk.com/govt-to-treat-vehicles-with-2000-km-mileage-as-new/#comments Sun, 31 Mar 2024 07:03:07 +0000 https://carspiritpk.com/?p=83122

The government has enforced a decision by promulgating Statutory Regulatory Orders (SROs) for allowing the import of vehicles up to …

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Alert: Massive Price Increase Ahead https://carspiritpk.com/alert-massive-price-increase-ahead/?utm_source=rss&utm_medium=rss&utm_campaign=alert-massive-price-increase-ahead https://carspiritpk.com/alert-massive-price-increase-ahead/#respond Sat, 09 Mar 2024 01:42:04 +0000 https://carspiritpk.com/?p=82082

Locally assembled cars in Pakistan are set to witness a massive price increase in the wake of the latest tax …

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Citing Risk of Revenue Decline, FBR Rejects 18% GST https://carspiritpk.com/citing-risk-of-revenue-decline-fbr-rejects-18-gst/?utm_source=rss&utm_medium=rss&utm_campaign=citing-risk-of-revenue-decline-fbr-rejects-18-gst https://carspiritpk.com/citing-risk-of-revenue-decline-fbr-rejects-18-gst/#respond Tue, 05 Mar 2024 18:37:11 +0000 https://carspiritpk.com/?p=81973

The Federal Board of Revenue (FBR) has rejected the proposal from the Ministry of Industries to implement an 18% general …

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Govt Amends Import Policy Order (IPO) https://carspiritpk.com/govt-amends-import-policy-order-ipo/?utm_source=rss&utm_medium=rss&utm_campaign=govt-amends-import-policy-order-ipo https://carspiritpk.com/govt-amends-import-policy-order-ipo/#respond Mon, 26 Feb 2024 03:22:56 +0000 https://carspiritpk.com/?p=81435

The government has amended the Import Policy Order (IPO), 2022, to declare that new imported vehicles will be those which …

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25% Sales Tax Slapped on Local Assembled Vehicles https://carspiritpk.com/25-gst-slapped-on-local-assembled-vehicles/?utm_source=rss&utm_medium=rss&utm_campaign=25-gst-slapped-on-local-assembled-vehicles https://carspiritpk.com/25-gst-slapped-on-local-assembled-vehicles/#comments Thu, 15 Feb 2024 13:54:09 +0000 https://carspiritpk.com/?p=80870

The Economic Coordination Committee (ECC) has approved a 25% sales tax on locally manufactured vehicles. This would be applied to …

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Minister Admits Security Personnel are Involved in Smuggling https://carspiritpk.com/minister-admits-security-personnel-are-involved-in-smuggling/?utm_source=rss&utm_medium=rss&utm_campaign=minister-admits-security-personnel-are-involved-in-smuggling https://carspiritpk.com/minister-admits-security-personnel-are-involved-in-smuggling/#comments Wed, 04 Oct 2023 06:02:33 +0000 https://carspiritpk.com/?p=73826

The caretaker Interior Minister Sarfraz Bugti has openly admitted that security personnel are involved in large-scale smuggling of currency, oil, …

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Business Leaders Warn, Record Petrol Prices are Intolerable https://carspiritpk.com/business-leaders-warn-record-petrol-prices-are-intolerable/?utm_source=rss&utm_medium=rss&utm_campaign=business-leaders-warn-record-petrol-prices-are-intolerable https://carspiritpk.com/business-leaders-warn-record-petrol-prices-are-intolerable/#comments Sun, 17 Sep 2023 04:25:48 +0000 https://carspiritpk.com/?p=72904

Business leaders have warned that the unprecedented inflation, the worsening of conditions for the average person, and the industry-wide problems …

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Advance Tax on Registration of Vehicles Above 2000cc Increased https://carspiritpk.com/advance-tax-on-registration-of-vehicles-above-2000cc-increased/?utm_source=rss&utm_medium=rss&utm_campaign=advance-tax-on-registration-of-vehicles-above-2000cc-increased https://carspiritpk.com/advance-tax-on-registration-of-vehicles-above-2000cc-increased/#respond Mon, 26 Jun 2023 10:18:12 +0000 https://carspiritpk.com/?p=69313

In order to fulfill a number of demands of the International Monetary Fund (IMF), the government in addition to many other new taxes has increased the advance income tax on the registration of vehicles above 2,000cc under the amended Finance Bill 2023.

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Why Pakistan Usually Get Globally-Retired Cars? https://carspiritpk.com/why-pakistan-usually-get-globally-retired-cars/?utm_source=rss&utm_medium=rss&utm_campaign=why-pakistan-usually-get-globally-retired-cars https://carspiritpk.com/why-pakistan-usually-get-globally-retired-cars/#comments Mon, 17 Apr 2023 11:07:06 +0000 https://carspiritpk.com/?p=67561

70% of new cars sold in Pakistan are globally obsolete models, why is that? Let's find out!

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Regulatory Duty on Used Cars Import Expire- FBR Yet to Confirm https://carspiritpk.com/regulatory-duty-on-used-cars-import-expire-fbr-yet-to-confirm/?utm_source=rss&utm_medium=rss&utm_campaign=regulatory-duty-on-used-cars-import-expire-fbr-yet-to-confirm https://carspiritpk.com/regulatory-duty-on-used-cars-import-expire-fbr-yet-to-confirm/#comments Sat, 15 Apr 2023 10:32:56 +0000 https://carspiritpk.com/?p=67501

The Government of Pakistan has abolished the regulatory duties (RD) on the import of used cars with an engine capacity of up to 1800cc, making these vehicles significantly less expensive and more accessible to consumers.

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