Imported luxury EVs to be taxed under Federal Excise Duty
Finance Minister Muhammad Aurangzeb announced that FED will be imposed on imported vehicles above 2000 CC and 3000 CC. The government also…
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Govt proposes EVs tax breaks, higher levies on conventional vehicles in new budget
The new budget proposes significant tax incentives for environmentally friendly electric vehicles (EVs) while introducing a carbon levy on conventional fuel-powered vehicles.…