Pakistan Approves New Auto Policy, Rejects IMF Proposal
4 Articles
4 Articles
PM Approves Five-Year Auto Policy, Rejects IMF Proposal on EV Sales Tax
Prime Minister Shehbaz Sharif has approved a five-year automotive policy that rejects the proposal of International Monetary Fund (IMF) to raise the sales tax on electric vehicles (EVs) to 18 percent. The policy sets a target of raising vehicle exports to $6 billion. According to the policy document, a 10 percent federal excise duty will […]
PM Shehbaz Sharif Approves Draft Auto Policy 2026–31 - THE DESTINATION
ISLAMABAD: (News Desk) – Prime Minister Shehbaz Sharif has approved the draft of Pakistan’s new Auto Policy 2026–31, which is expected to be presented to the Federal Cabinet for final approval. According to sources, officials from the Ministry of Law briefed the prime minister on the proposed policy. Following the briefing, Shehbaz Sharif directed that […] The post PM Shehbaz Sharif Approves Draft Auto Policy 2026–31 appeared first on THE DESTIN…
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