Pakistan – The prices of small cars, tractors, and bikes are
likely be minimize in the manual budget of 21-22.
The Pakistan Tehreeq - e- Insaaf government will present at third
budget for the fiscal year 21-22. With there estimated outlay of around Rs 8 trillion.
The national assembly has already in session where the budget would be presented
today.
It is expect to decrease the tax rate of small cars would be
engine capacity of 850cc, it is also be suggested to lower taxes on brand new model vehicles such as tractors and bikes.
It is propose to cut sales tax, excise duty and additional customs
duty Of small cars.
The automobiles companies have failed the decrease the price
of small cars. Despite a visible decrease in dollar rate in last few months.
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