GNN on Google Play Store GNN on Apple App Store
Connect with us

Business

Budget for FY25: Imported vehicles likely to get expensive in Pakistan

A 15 percent duty has been proposed on used vehicles up to 1800cc.

Published

5 months ago

on

By

Budget for FY25: Imported vehicles likely to get expensive in Pakistan
Budget for FY25: Imported vehicles likely to get expensive in Pakistan

Islamabad: It has been proposed to increase the regulatory duty on used vehicles in Pakistan due to which imported used vehicles are expected to become more expensive.

According to the details, a 30 percent increase in regulatory duty is expected on vehicles larger than 1800cc, while the duty on larger vehicles is likely to be increased from 70 to 100 percent.

A 15 percent duty has been proposed on used vehicles up to 1800cc.

It is also reported that zero duty will be maintained on new and old hybrid vehicles up to 1800cc.

Continue Reading

Trending