The supplementary financial bill, aka mini-budget has been approved from the National Assembly. The amendments will likely result in increase in prices of locally assembled & imported vehicles due to revised duties & taxes imposed on the auto sector.

The post Mini Budget: Revised Taxes & Duties Imposed first appeared on CarSpiritPK and is written by UsmanAnsari.

The auto sector isn't too happy with the govt for making constant shift in policies. As per information the government has changed taxes and duties 7 times in the last 3 years.

The post Auto Industry Perplexed Over Govt Decisions first appeared on CarSpiritPK and is written by UsmanAnsari.

The Supplementary Finance Bill which proposes increased taxes and duties mainly on the auto sector will likely increase the prices of cars in Pakistan

The post Car Prices to Increase Again Amid Supplementary Finance Bill first appeared on CarSpiritPK and is written by UsmanAnsari.

The government has finalized a ‘mini-budget’ involving fiscal adjustments and expenditure cuts worth nearly Rs 600 billion as part of an understanding with the International Monetary Fund (IMF) to cool down the over-heating economy.

The post Govt to Make These Auto Related Amendments in Mini Budget first appeared on CarSpiritPK and is written by UsmanAnsari.

The government in its recent financial amendments, have allowed non-filers of tax returns to buy new cars. Earlier in the …

The post Advance Income Tax Increased for Non-Filers first appeared on CarSpiritPK and is written by UsmanAnsari.

The government in its recent financial amendment bill, allowed non-filers of tax returns to buy new cars. The restriction was …

The post Non-Filers Not Exempted from Income Source Probe first appeared on CarSpiritPK and is written by UsmanAnsari.

Local automakers including new & existing players have breathed a sigh of relief as the government in its latest financial …

The post Automakers Happy as Government Allows Non-Filers to Buy New Cars first appeared on CarSpiritPK and is written by UsmanAnsari.

The government today, in its second supplementary bill, has introduced 10 major amendments to the Finance Act 2019 with most …

The post 2nd Mini Budget- 1800cc Car Prices to Increase first appeared on CarSpiritPK and is written by UsmanAnsari.

Honda wants the government to allow non-filers to purchase 1,350cc vehicles instead of the 1,300cc as announced in the mini-budget.

The post Honda Wants the Govt to Lift 1300cc Limit For Non-Filers first appeared on CarSpiritPK and is written by UsmanAnsari.

As per the new financial amendments, government has allowed non-filers to purchase new cars up to 1300cc engine capacity.

The post Non-Filers Allowed to Purchase Cars up to 1300cc first appeared on CarSpiritPK and is written by UsmanAnsari.