Govt Announces A Big Tax Relief on 1000cc Cars

23 Jun 2021

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Govt Announces A Big Tax Relief on 1000cc Cars

After announcing a tax relief on the small vehicles under 800c, the government of Pakistan is now offering a huge tax relief on the 1000cc vehicles.

The government is yet to finalize this decision and it is currently under debate. The Govt aims to offer cheap sales and purchase of the cars with an engine capacity of 1000cc like small vehicles.

The Ministry of Finance held a meeting in this regard. The meeting was chaired by Finance Minister, Shauqat Tarin. Adviser on Commerce, Abdul Razak Dawood, and the Special Assistant to the Prime Minister SAPM on Finance and Revenue, Dr. Waqar Masood also attended the meeting.

The decision to offer tax reliefs on the production, sales and purchase of vehicles between 850cc and 1000cc was taken. The government plans to bring new auto policy with these tax reliefs.

1000cc Cars Tax relief on cars

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