FBR Proposes Fresh Capital Value Tax On Cars Last week, we informed you that the Federal Board of Revenue (FBR) had proposed increasing the Federal Excise Duty (FED) on both locally assembled and imported motor vehicles. The institution wants to introduce the hike by promulgating the Tax Laws Amendment Ordinance to generate additional revenue in the upcoming “mini-budget.”
Pakistan Braces For Fuel Shortage In Feb?
Last weekend, Federal Finance Minister Ishaq Dar announced a sudden hike of Rs. 35/liter in the price of petrol and diesel. This petrol bomb was an expected surprise, especially after the dollar went from Rs. 230 to Rs. 255 in a single day. In his press brief, Dar said that to prevent temporary hoarding and speculation about petrol shortages, the Oil & Gas Regulatory Authority (OGRA) asked the government and Prime Minister Shehbaz Sharif to implement the new rates immediately.
After Petrol, OGRA Drops LPG Price Hike Bomb The incumbent government ceased before the pressure to increase LPG rates. Following petrol, the Oil and Gas Regulatory Authority (OGRA) came up with a decision – jacked up the prices of liquefied petroleum gas (LPG) by Rs. 60 per kg.
Petrol Sales Take A Massive Dip – Decreased By 19% Pakistan’s half-beating economic pulse has shattered the local industry and not well-thought economic strategies have ceased the purchasing power of inflation-stricken business and the middle class. Furthermore, Burgeoning car and fuel prices resulted in a slump in petrol sales in the current fiscal year.
Pink bus Service to be launched in Karachi On Thursday, the Sindh government announced via Twitter that they will be launching a women-only pink bus service in the provincial capital, Karachi.
Suzuki bike prices hiked by Rs. 25000 Pakistan Suzuki Motor Company (PSMC) has increased Suzuki bike prices by Rs. 25,000 The company has not revealed the reason, but the price will definitely be inflated in the face of appreciating dollar’s rate. What is your opinion on this?
Peugeot Pakistan Suspends Car Bookings In the face country’s dwindling economy and the rupee’s major free-fall, the local car assemblers are making instant decisions pertaining to car prices and bookings. Following KIA Lucky Motors, Peugeot Pakistan also closed the booking of its cars till further notice.
BrosOnCars
FBR Proposes Fresh Capital Value Tax On Cars
Last week, we informed you that the Federal Board of Revenue (FBR) had proposed increasing the Federal Excise Duty (FED) on both locally assembled and imported motor vehicles. The institution wants to introduce the hike by promulgating the Tax Laws Amendment Ordinance to generate additional revenue in the upcoming “mini-budget.”
3 years ago | [YT] | 0
View 0 replies
BrosOnCars
Pakistan Braces For Fuel Shortage In Feb?
Last weekend, Federal Finance Minister Ishaq Dar announced a sudden hike of Rs. 35/liter in the price of petrol and diesel. This petrol bomb was an expected surprise, especially after the dollar went from Rs. 230 to Rs. 255 in a single day. In his press brief, Dar said that to prevent temporary hoarding and speculation about petrol shortages, the Oil & Gas Regulatory Authority (OGRA) asked the government and Prime Minister Shehbaz Sharif to implement the new rates immediately.
3 years ago | [YT] | 1
View 0 replies
BrosOnCars
After Petrol, OGRA Drops LPG Price Hike Bomb
The incumbent government ceased before the pressure to increase LPG rates. Following petrol, the Oil and Gas Regulatory Authority (OGRA) came up with a decision – jacked up the prices of liquefied petroleum gas (LPG) by Rs. 60 per kg.
3 years ago | [YT] | 0
View 0 replies
BrosOnCars
Petrol Sales Take A Massive Dip – Decreased By 19%
Pakistan’s half-beating economic pulse has shattered the local industry and not well-thought economic strategies have ceased the purchasing power of inflation-stricken business and the middle class. Furthermore, Burgeoning car and fuel prices resulted in a slump in petrol sales in the current fiscal year.
3 years ago | [YT] | 0
View 0 replies
BrosOnCars
Which car is your favourite and do tell us why?
3 years ago | [YT] | 1
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BrosOnCars
KIA prices increased due to devaluation of Pakistani Rupee against the US dollar.
January 2023
What is your opinion this?
3 years ago | [YT] | 0
View 0 replies
BrosOnCars
Pink bus Service to be launched in Karachi
On Thursday, the Sindh government announced via Twitter that they will be launching a women-only pink bus service in the provincial capital, Karachi.
3 years ago | [YT] | 0
View 0 replies
BrosOnCars
Suzuki bike prices hiked by Rs. 25000
Pakistan Suzuki Motor Company (PSMC) has increased Suzuki bike prices by Rs. 25,000 The company has not revealed the reason, but the price will definitely be inflated in the face of appreciating dollar’s rate.
What is your opinion on this?
3 years ago | [YT] | 0
View 0 replies
BrosOnCars
Peugeot Pakistan Suspends Car Bookings
In the face country’s dwindling economy and the rupee’s major free-fall, the local car assemblers are making instant decisions pertaining to car prices and bookings. Following KIA Lucky Motors, Peugeot Pakistan also closed the booking of its cars till further notice.
What is your opinion on this?
3 years ago | [YT] | 0
View 0 replies
BrosOnCars
Suzuki Car Price increase January 2023
Cultus VXR for 3M???
What is your opinion on this??
3 years ago | [YT] | 0
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