In a significant development that could impact car buyers in Pakistan, the federal government has proposed an increase in withholding tax.
In a significant development that could impact car buyers in Pakistan, the federal government has proposed an increase in withholding tax on the purchase of new cars in the 2024-2025 budget. This move set to affect vehicles with engine capacities ranging from 850cc to 2000cc, including the popular Toyota Yaris.The proposed budget includes a withholding tax increase for cars with engines between 850cc and 2000cc.
Car buyers planning to purchase a Toyota Yaris should be aware of the impending price increases due to the proposed tax changes. Staying informed about these updates can help in making better purchasing decisions in the evolving market.
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