First locally assembled European vehicle launched - Newspaper
KARACHI: Lucky Motor Corporation (LMC) on Saturday officially launched the country’s first locally assembled...
Source: dawn.com
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Dissecting govt's new auto policy 2021-26
A representative image. KARACHI: Government’s previous auto policy – Auto Development Policy 2016-21 – brought many new...
Source: thenews.com.pk
Car prices may further go down
For Alto 660cc, the new price is expected to stand at Rs1,093,542 after deduction in duties
Source: thenews.com.pk
Car prices may go down further
ISLAMABAD: The government is considering different proposals to slash down Additional Customs Duty and Regulatory Duty on different brands of cars and other vehicles under the upcoming Auto...
Source: thenews.com.pk
Bright skies and a shining sun - Newspaper
The government has showered auto assemblers with a number of incentives like a cut in the Federal Excise Duty (FED) by 2.5 per cent, additional customs duty (ACD) from 7pc to 2pc and general sales tax (GST) to 12.5pc from 17pc on cars up to 1,000cc. Consumers have recently witnessed price cuts of Rs11,000-400,000 on different engine power vehicles. Industry people believe that the cut in duties and taxes in Budget 2021-22 is an integral part of the new Auto Development Policy 2021-2026 and some more relief measures are on the cards when the new auto policy will be unveiled.
Source: dawn.com