{"id":96639,"date":"2024-03-12T14:30:00","date_gmt":"2024-03-12T09:30:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96639"},"modified":"2024-03-12T11:17:18","modified_gmt":"2024-03-12T06:17:18","slug":"fbr-new-tax-shakes-automobile-industry","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-new-tax-shakes-automobile-industry.html","title":{"rendered":"FBR raises sales tax for high-value cars"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) has announced a significant increase in sales tax for locally assembled vehicles priced over PKR 4 million, according to a news source on March 8.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-urges-quick-sales-tax-refunds.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR directs timely sales tax refunds post billion rupees disbursement<\/a><\/p>\n\n\n\n<p>As per the details, this change, outlined in a recent notification, imposes a 25% sales tax on such vehicles, including those with engine capacities of 1400cc and above. The decision aims to boost tax revenue and was approved by the Economic Coordination Committee (ECC) of the federal cabinet in February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has announced a significant increase in sales tax for locally assembled vehicles priced over PKR 4 million, according to a news source on March 8. Read: FBR directs timely sales tax refunds post billion rupees disbursement As per the details, this change, outlined in a recent notification, imposes a 25% sales tax on such vehicles, including those with engine capacities of 1400cc and above. The decision aims to boost tax revenue and was approved by the Economic Coordination Committee (ECC) of the federal cabinet in February.<\/p>\n","protected":false},"author":88,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54453,19230],"persona":[],"class_list":{"0":"post-96639","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-fbr-news-and-updates","9":"tag-federal-board-of-revenue-fbr","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR&#039;s New Tax Shakes Automobile Industry - Zameen News<\/title>\n<meta name=\"description\" content=\"FBR raises sales tax on locally assembled vehicles over PKR 4 million in Islamabad. Read here for more insight!\" \/>\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\/fbr-new-tax-shakes-automobile-industry.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR&#039;s New Tax Shakes Automobile Industry - Zameen News\" \/>\n<meta property=\"og:description\" content=\"FBR raises sales tax on locally assembled vehicles over PKR 4 million in Islamabad. 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