{"id":58154,"date":"2019-12-01T10:00:24","date_gmt":"2019-12-01T05:00:24","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58154"},"modified":"2019-11-29T16:58:36","modified_gmt":"2019-11-29T11:58:36","slug":"govt-to-allow-overseas-pakistanis-to-import-duty-free-hybrid-cars","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-to-allow-overseas-pakistanis-to-import-duty-free-hybrid-cars.html","title":{"rendered":"Govt to allow overseas Pakistanis to import duty-free hybrid cars"},"content":{"rendered":"<p>Karachi: The government plans to allow overseas Pakistanis to import hybrid cars into the country without paying any duties \u2014 barring certain preconditions \u2014 according to a news report. They will be allowed to import one duty-free hybrid car with an engine capacity of up to 3,000cc, along with the condition that they remit at least USD 100,000 in two years.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/cabinet-approves-national-electric-vehicles-policy.html\" target=\"_blank\" rel=\"noopener noreferrer\">Cabinet approves national electric vehicles policy<\/a><\/p>\n<p>The aim of this measure is to encourage the movement of offshore money into Pakistan. Special Assistant to Prime Minister on Overseas Pakistanis Syed Zulfiqar Abbas Bukhari stated on social media that this step is part of rewarding <a href=\"https:\/\/www.zameen.com\/blog\/mini-budget-overseas-pakistanis-pakistan-property-sector.html\" target=\"_blank\" rel=\"noopener noreferrer\">overseas Pakistanis<\/a> for contributing to the national exchequer by using official banking channels.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-clarifies-budget-measures-concerning-overseas-pakistanis.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR clarifies budget measures concerning overseas Pakistanis<\/a><\/p>\n<p>The Engineering Development Board (EDB) issued a notification to various stakeholders to invite their comments and suggestions regarding this proposal. Representatives from various private sector bodies lauded this measure as a way to increase inflows and decrease the current account deficit. This will, in turn, decrease inflation and the benchmark interest rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The government plans to allow overseas Pakistanis to import hybrid cars into the country without paying any duties \u2014 barring certain preconditions \u2014 according to a news report. They will be allowed to import one duty-free hybrid car with an engine capacity of up to 3,000cc, along with the condition that they remit at least USD 100,000 in two years. Read: Cabinet approves national electric vehicles policy The aim of this measure is to encourage the movement of offshore money into Pakistan. Special Assistant to Prime Minister on Overseas Pakistanis Syed Zulfiqar Abbas Bukhari stated on social media that this step is part of rewarding overseas Pakistanis for contributing to the national exchequer by using official banking channels. Read: FBR clarifies budget measures concerning overseas Pakistanis The Engineering Development Board (EDB) issued a notification to various stakeholders to invite their comments and suggestions regarding this proposal. Representatives from various private sector bodies lauded this measure as a way to increase inflows and decrease the current account deficit. This will, in turn, decrease inflation and the benchmark interest rate.<\/p>\n","protected":false},"author":58,"featured_media":42638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14202,1685],"persona":[],"class_list":{"0":"post-58154","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-hybrid-cars","8":"tag-overseas-pakistanis"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to allow overseas Pakistanis to import duty-free hybrid cars - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The government plans to allow overseas Pakistanis to import hybrid cars into the country without paying any duties \u2014 barring certain\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-to-allow-overseas-pakistanis-to-import-duty-free-hybrid-cars.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to allow overseas Pakistanis to import duty-free hybrid cars - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The government plans to allow overseas Pakistanis to import hybrid cars into the country without paying any duties \u2014 barring certain\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-to-allow-overseas-pakistanis-to-import-duty-free-hybrid-cars.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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