17 Feb, 2024
2 mins read

Sales Tax of 25% Applied on Domestically Assembled Automobiles

On Wednesday, the Economic Coordination Committee (ECC) authorized a 25% sales tax on domestically built vehicles, inflicting a blow to consumers who were already grappling with inflation.The committee’s meeting was chaired over by Dr Shamshad Akhtar, Federal Minister of Finance, Revenue, and Economic Affairs. Under the approved regulations, a 25% sales tax will be paid […]