The federal government has announced tax exemption on vehicles up to one thousand cc. The government had earlier proposed a tax rebate on vehicles up to 800 cc in the budget.
Federal Minister for Finance Shaukat Tareen during the budget session in the National Assembly said that the federal government had proposed tax exemption on vehicles up to 800 cc, but on the suggestions given by the opposition and the business community, we And we have decided that tax exemption will be given on vehicles up to one thousand cc.
The Finance Minister said that Imran Khan took tough decisions with courage, the Prime Minister made a big decision to increase the housing sector, the biggest challenge when the government took over was the current account deficit, in this situation the International Monetary Fund (IMF). There was no solution but to go and oppose the IMF's demand for a new tax and reject it.
