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Senate body irked over car prices Committee members say price reduction not in line with tax relief availed PHOTO: REUTERS/file ISLAMABAD: The Senate Standing Committee on Industries and Production on Monday expressed serious concerns for not reducing car prices in line with tax concessions availed in budget 2021-22. The committee noted that local car makers had availed tax relief in budget but did not reduce prices in line with incentives. Industries and Production Division secretary briefed the committee, chaired by Senator Faisal Sabzwari, on comparing car prices in Pakistan with regional countries. Committee members expressed concern over the high car prices in the country. The committee noted that despite the measures taken in the federal budget, the prices of new vehicles have not come down.

Maruti suzukiFaisal sabzwariSenate standing committee on industriesProduction divisionMedium enterprises development authority smedaSenate standing committeeSenator faisal sabzwariMedium enterprises development authorityமாருதி ஸஸூகீசெனட் நின்று குழு ஆன் தொழில்கள்ப்ரொடக்ஶந் பிரிவுசெனட் நின்று குழுநடுத்தர நிறுவனங்கள் வளர்ச்சி அதிகாரம்