'Auto tax policy favours the rich'
Local auto manufacturers in Pakistan are criticizing the government's new tax policy for electric and hybrid vehicles. They argue the current structure unfairly burdens middle-class buyers of affordable cars while providing significant tax breaks to wealthy purchasers of premium imported vehicles.
Why it matters
The policy highlights the tension between promoting environmental sustainability and maintaining equitable taxation during a period of economic instability and IMF-mandated fiscal reforms.
--> Home Business 'Auto tax policy favours the rich' Rs3m Alto pays Rs550,000 tax while Rs10m hybrid pays Rs100,000
facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> LAHORE: The widening gap in Pakistan's vehicle taxation policy has opened a new fault line within the country's auto industry, as established local manufacturers question a tax structure that they say favours expensive imported and premium new energy vehicles while leaving middle-class consumers with a heavier tax burden.
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