Tax rationalisation to cut auto prices

KARACHI: The government is mulling over a proposal to amend the duties and taxes regime in the new auto policy in order to bring vehicles within the reach of the middle class. “Prime Minister Shehbaz Sharif is keen on making vehicles cost effective for the middle class,” the CEO of the Engineering Development Board (EDB), Hammad Ali Mansoor, told a media briefing on Monday. Three small electric vehicles in completely built-up form are due in Karachi during the third quarter of this year. This...

By none@none.com (Aamir Shafaat Khan)