Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Ricky Gervais Alley Cats official Netflix trailer
    Videos

    Ricky Gervais ‘Alley Cats’ Trailer Sets August 7 Debut

    July 23, 2026 2 Min Read
    Sam Fender Olivia Dean break UK chart record with Rein Me In after 16 weeks at No. 1.
    Videos

    Sam Fender, Olivia Dean Break 30-Year UK Chart Record

    July 12, 2026 2 Min Read
    Angry Birds Movie 3 trailer by Paramount animated sequel before December 2026 release
    Videos

    Angry Birds Movie 3 Trailer Sets Dec 23 Release

    June 30, 2026 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Auto Industry Tax Relief Planned in Federal Budget
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Pakistan used vehicle import 2025
PhotoNews Pakistan > Business > Auto Industry Tax Relief Planned in Federal Budget
Business

Auto Industry Tax Relief Planned in Federal Budget

Web Desk
By Web Desk Published May 7, 2026 2 Min Read
Share
File Photo
SHARE

Islamabad, Pakistan, is preparing auto industry tax relief measures for the upcoming federal budget to support local manufacturing and reduce vehicle costs.

Under the National Tariff Policy, officials are considering abolishing additional customs duties and reducing regulatory duties for the auto sector.

A proposal to revise customs duties on CKD kits is also under review. Non-localised parts could face a 5% duty, while localised components may be taxed at 10% to encourage domestic production.

The government is also considering expanding Pakistan’s electric vehicle policy to cover all new energy vehicles. The revised framework would include battery-electric vehicles, plug-in hybrids, range-extended vehicles, and fuel-cell cars.

Local auto manufacturers may receive special concessions to assemble a limited number of electric bikes, rickshaws and cars.

The company could receive concessional duties on up to 100 vehicles under an incentive scheme proposed until June 30, 2027. Officials are considering preferential treatment for locally assembled electric vehicles over fully imported units.

The average tariff for domestically produced electric vehicles is proposed to remain below 6%.

The Pakistan Automotive Parts and Accessories Manufacturers Association has suggested exempting electric bikes, rickshaws and other vehicles from certain duties.

The association has proposed a 1% tax on battery-electric vehicles and a 9% tax on plug-in hybrids, range-extended vehicles, and conventional hybrids. Customs duties on CKD parts may also be extended until June 30, 2028.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Mir Raza Ali Autopsy Finds Gunshot, No Burn Injuries

Pakistan Tehreek-e-Insaf founder and jailed leader Imran Khan with a background of PTI supporters holding party and Pakistan flags during a political rally.

Barrister Gohar Denies Imran Khan Hospitalisation Reports

Jon Bon Jovi and Shania Twain together on stage at the Grammy Awards during a live appearance.

Shania Twain Details Advice Before Jon Bon Jovi Surgery

Post Archives

More Popular from Photonews

Pakistan Stock Exchange bull and rising charts as KSE-100 gains.
Business

KSE-100 Index Jumps 3.13% as Oil Falls on US-Iran Pause

2 Min Read
Critical minerals in various powdered and raw rock forms used for clean energy, electronics, and industrial applications.
Business

New Zealand Critical Minerals Plan Lacks Magnet Capacity

2 Min Read
Arshad Nadeem World Championships 2025
Sports

Arshad Nadeem Begins Commonwealth Javelin Title Defence

2 Min Read
Tech

Claude Models Breached Systems at Three Organisations

Anthropic said Claude models breached systems at three organisations during cybersecurity tests after a configuration error…

July 31, 2026
Tech

Thymulin Hormone Reduces Inflammation in Older Mice

LOS ANGELES, United States: The Thymulin hormone reduced age-related inflammation and improved cancer immunotherapy responses in…

July 26, 2026
Top NewsWorld

Iran Urges Bulgaria to Reverse US Tanker Deployment

TEHRAN: Iran urged Bulgaria on Thursday to reverse its approval for a temporary US tanker-aircraft deployment…

July 31, 2026
Sports

Lando Norris Victory Ends Eight-Month Wait in Hungary

MOGYORÓD, Hungary: A Lando Norris victory ended an eight-month Formula One drought on July 26 as…

July 27, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?