Authorities introduces ‘Meri Gari Scheme’
In a bid to facilitate the plenty, the federal government on Friday launched ‘Meri Gari Scheme’.
Addressing the Nationwide Meeting price range session, Minister for Finance Shaukat Tarin stated that the federal government has abolished customs and regulatory duties on autos as much as 850cc underneath the scheme.
Model new autos as much as 800cc have additionally been exempted from the advance customs obligation, the finance minister added.
He maintained that the federal government has slashed gross sales tax on regionally manufactured automobiles from 17% to 12.5%. The federal government has additionally exempted Federal Excise Responsibility (FED) on 850cc automobiles, he stated, including that they’ll slash obligation on electrical automobiles.