Revenue Page 3

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

27 Jul 2023

256

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

361

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

Hyundai Car Prices Increases July 2023

06 Jul 2023

480

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

1180

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

Pak Suzuki Struggles as Bike Sales Rise

Jawad

19 Jun 2023

270

Amid the tight and challenging financial position of the country, the auto sector has to face the difficult po...

New Tax Soon on Locally Made Vehicles

03 Jun 2023

256

The Pakistan Automotive Manufacturers Association (PAMA) has expressed concerns over the proposed implementati...

Yamaha And Suzuki Bikes Sales Declined By 50%

31 May 2023

404

The local auto industry in Pakistan has been severely impacted by the prevailing economic crisis and import re...

Lahore Dealers Ask Islamabad Biometric System Amid Closure

13 May 2023

266

On Thursday, the Chairman of the All Pakistan Car Dealers and Importers Association, Mian Shoaib, held a meeti...

FBR Implements Stricter Rules for Temporary Vehicle Import

09 May 2023

358

To prevent the misuse of carnet de-passage/temporary importation of vehicles by foreigners/ex-patriate Pakista...

MG Pakistan New Ramadan Offer on the MG HS.

14 Mar 2023

755

MG Pakistan has announced a Ramadan promotion for its crossover SUV, the MG HS Essence. The company revealed t...

Toyota Car Prices Increase March 2023

11 Mar 2023

1476

The federal government has recently imposed a 25% General Sales Tax (GST) on high-priced items, including cert...

Peugeot Car Prices Increase March 2023

11 Mar 2023

514

Due to the imposition of a 25% General Sales Tax (GST) on luxury items by the incumbent government, local car ...

KIA Car Prices Increase March 2023

10 Mar 2023

423

Yesterday, the federal government implemented a 25% General Sales Tax (GST) on luxury items. Today, the Federa...

BAIC Car Prices Increase February 2023

21 Feb 2023

603

Following in the footsteps of Toyota, Suzuki, and DFSK, Sazgar Engineering, the domestic collaborators of BAIC...

Mild Hybrid Cars Imports 50% Custom Duty Imposed

30 Jan 2023

470

Describing the categorization of hybrid cars, the customs classification committee of the Federal Board of Rev...

Govt Reduces Tax on Commercial Vehicles

12 Jan 2023

364

The federal government has made the decision to ease the auto industry by lowering the tax rates on commercial...

Expected Provision of 1000cc Cars at Cheaper Rates

06 Jan 2023

415

The government has reduced the custom duty on the import of vehicles, which are less in power. The revenue div...

Toyota Largest Global Automaker For 2022

Jawad

09 Nov 2022

460

When we think about the largest and most enterprising electric and hybrid cars in the future of auto industry,...

New Regulatory Duty On Imported Used Cars

Jawad

27 Aug 2022

720

The government of Pakistan imposed the ban on the import of the luxury and non-essential items but the current...

Regulatory Duties on the Imported Cars are increased by 100%

Jawad

25 Aug 2022

809

As per government rules the regulatory duties to the import of vehicles in Pakistan has been increased. The go...

Affect of Regulatory Duty Hike of Imported Cars

Jawad

25 Aug 2022

349

It is time to deliver what government of Pakistan promised, to make it impossible to buy imported cars.After l...

Tax On Cars Reduced By Rs. 50 Lacs

Asadullah

30 Jun 2022

688

The government of Pakistan announced Annual Budget 2022-23 earlier this month. The government proposed the ext...

Luxury Tax imposed on Bigger Engine Cars

Momina

09 Jun 2022

774

The Federal government has decided to impose the luxury tax in the Finance Bill 2022 on the high end vehicles ...

Most Electric Cars Seller In Q1 2022

Momina

23 Apr 2022

410

Electric cars are making their space in the global auto sector. The car makers are shifting their production t...

About 4 Million Vehicles In Lahore Got Challans in 2021

Asadullah

04 Jan 2022

528

The year 2021 has been a year of Challans for Lahore traffic as in annual report, the police has released the ...

Auto Policy 2021-26- Everything You Must Know

Asadullah

22 Dec 2021

1176

Finally, we are preparing to get the incentives and new developments on the implementation of New Automot...

Govt Announces To Retain The Tax Exemptions

10 Dec 2021

490

According to the Tax Laws Fourth Amendment Bill 2021 which is set to be presented to the National Assembly, th...

Honda Pakistan Earned More Profit of 1180% After Tax in H1 2

19 Nov 2021

411

Honda Atlas Cars Limited HCAR has shown the profit after deduction of the tax, which is Rs.1.86 billion in hal...

Good News: FBR Resolves Sales Tax Issue For Suzuki Customers

01 Sep 2021

1045

Here is the good news for Pak Suzuki Customers regarding the Sales Tax Issue they have been facing. Accord...

Govt Announces A Big Tax Relief on 1000cc Cars

23 Jun 2021

1144

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

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