Revenue Page 3

New Withholding Taxes Impact Car Prices in 2024-25 Budget

Jawad

13 Jun 2024

573

The recent budget for the fiscal year 2024-25 in Pakistan has introduced new withholding taxes, significantly ...

Budget 2024-25: Govt Plans Higher Petrol & Diesel Taxes

Jawad

12 Jun 2024

237

Amidst anticipation of a decrease in petrol prices in the upcoming revision, a surprising development emerges ...

Budget 2024-25: Taxes on Local & Imported Cars

Jawad

12 Jun 2024

1684

Today, the fiscal budget for 2024-25 was presented by Finance Minister Muhammad Aurangzeb in the National Asse...

Toyota to Send Locally Assembled Cars to Europe

Jawad

06 Jun 2024

356

In a significant move, Toyota Pakistan's manufacturer, Indus Motor Company (IMC), is expanding its reach into ...

Millat Tractors to Export 3000 Units Globally in 2024

Jawad

04 Jun 2024

675

Millat Tractors, a leading name in Pakistan's agricultural machinery sector, is set to make a significant mark...

Suzuki Swift Glx Cvt Price Surge Following GST Hike

Abdullah

11 Mar 2024

505

In response to the recent governmental imposition of a 25% General Sales Tax (GST) on cars exceeding the Rs. 4...

Used Cars Take Center Stage Amid Tax Increases

Abdullah

28 Feb 2024

449

In the face of a challenging future for Pakistan's automotive sector, a looming proposal to elevate the genera...

Multan Orange Line Train and Metro Bus Fares Increased

Abdullah

14 Feb 2024

665

The caretaker government of Punjab has recently given its approval for a fare increase for both the Orange Lin...

Punjab Government Introduces Toll on 18 Roads

Jawad

11 Dec 2023

747

The caretaker government of Punjab has recently taken a strategic step to enhance revenue streams for vital in...

Tesla Cybertruck Unveiled: Higher Price, Shorter Range

Jawad

01 Dec 2023

891

In a highly anticipated moment for electric vehicle enthusiasts, Tesla unveiled the 2024 Cybertruck at its Gig...

Pak Suzuki Holds Off on Car Price Reductions

Abdullah

04 Nov 2023

321

In the wake of a substantial 44% decline in the sale of automobiles in the first quarter of this year, automak...

Islamabad Shifts to Digital Payment for Public Parking Fees

Jawad

01 Nov 2023

308

The Metropolitan Corporation Islamabad (MCI) has undertaken a significant initiative to introduce digital tech...

Atlas Honda Achieves Record Quarterly Profits

Jawad

24 Oct 2023

425

Atlas Honda, colloquially known as Honda Bikes, has recently announced remarkable financial results for the th...

Pak Suzuki Records Rs. 3.8 Billion Profit in Q3 2023

Abdullah

21 Oct 2023

626

Pak Suzuki Motor Company Limited (PSX: PSMC) reported a noteworthy financial turnaround for Q3 2023. The compa...

Why Automakers Love SUVs: Sazgar's Insight

Abdullah

19 Oct 2023

535

Sazgar, once known for producing small rickshaws and tractor wheel rims, has undergone a remarkable transforma...

FBR Rejects Amnesty Scheme for Non-Customs Paid Vehicles

Abdullah

17 Oct 2023

828

The Federal Board of Revenue (FBR) has officially ruled out the possibility of implementing an amnesty scheme ...

PM Reveals 27,000 Vehicles in Daily Iranian Oil Smuggling

Abdullah

11 Oct 2023

368

In a significant revelation, the Caretaker Prime Minister, Anwaarul Haq Kakar, has exposed a critical issue af...

Pak Suzuki Motorcycle Plant Faces Another Temporary Shutdown

Jawad

20 Sep 2023

425

Pak Suzuki Motor Company (PSX: PSMC) has recently disclosed its decision to temporarily close down its motorcy...

Petrol Prices in Pakistan May Reach Rs. 14/L Tomorrow

Jawad

14 Sep 2023

507

In Pakistan, another hike in Petrol prices is on the horizon as the nation contends with a host of economic ch...

Karachi's Public Transit Crisis: 15,000 Buses Needed

Jawad

08 Sep 2023

506

Karachi, the bustling metropolis of Pakistan, finds itself in the throes of a significant transportation crisi...

Indus Motors, Pak Suzuki Experience Losses

24 Aug 2023

481

In the dynamic landscape of the automobile industry, major players Indus Motor Company Limited (INDU) and Pak ...

Punjab Govt Buys Cars Worth Rs. 2.33 Billion

05 Aug 2023

315

Pakistan is grappling with severe economic difficulties, narrowly escaping bankruptcy with a $3 billion loan a...

Suzuki price lock Offer Steady for a Month, with a Catch

04 Aug 2023

734

With Pakistan currently experiencing severe hyperinflation, the automotive industry is facing unprecedented ch...

Suzuki Unveils Discount & Finance Plan for WagonR

31 Jul 2023

358

In an effort to attract more buyers, Pak Suzuki Motor Company (PSMC) has unveiled a compelling car exchange fi...

Suzuki's Bike Production on Hold Again

31 Jul 2023

569

Pak Suzuki Motor Company (PSMC) has taken a significant step to address its current inventory challenges. The ...

Punjab Police Proposes 800% Increase in Driving License Fee

27 Jul 2023

574

Attention all drivers in Punjab! Be prepared for potential changes that could affect your finances and road sa...

Honda's Profits Plunge by 76% in MY24 First Quarter

27 Jul 2023

299

During the first quarter of MY24, Honda Atlas faced a significant setback as it reported negative gross margin...

Petroleum Dealers Association's Strike Postponed

22 Jul 2023

383

The Pakistan Petroleum Dealers Association (PPDA) had previously announced a nationwide strike of petrol pumps...

Hyundai Car Prices Increases July 2023

06 Jul 2023

542

Hyundai Nishat Motor has recently revised the tax rate applied to the price of the Hyundai Sonata 2.5 in ...

Expected Price Hike For Imported Cars After New Fixed Tax

28 Jun 2023

1285

The Finance Bill 2023 has gained significant attention, especially within the auto industry, as Finance Minist...

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