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The Excise, Taxation & Narcotics Control Department is a department of Government of Punjab, Pakistan. The Excise, Taxation & Narcotics Control Department collects various taxes and duties and suggests ways and means for additional resource mobilization in the Province. [1] Various type of taxes department collects include: [2] Motor Vehicle Tax.
The automotive industry in Pakistan is one of the smallest but fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 3% of Pakistan's GDP and employed a workforce of over 3.5 million people as of 2018. Pakistan is the 23rd largest producer of automobiles. Its contribution to the national exchequer is ...
Motor Vehicles Fitness Certificate; Motor Vehicles Tax; Issues are inscribed Government of the N.W.F.P. or Government of N.W.F.P. Stamps might also exist for Route Permit but these have not yet been recorded. Punjab. Punjab's first revenue stamp issues were in 1971. Since that year, stamps have been issued annually to pay for the following:
Pakistan already has a significant market for hybrid vehicles with Honda's Vezel, Toyota's Prius, and Aqua, and other models seen on the roads.The Automotive Development Policy (2016–2021) and the launch of the China-Pakistan Economic Corridor (CPEC) are encouraging foreign investments for new automobile brands to enter the Pakistani market, while the leading manufacturers in the automobile ...
Approximately Rs. 2600 (US$9.00) In Pakistan, the driving licence is the official document which authorises its holder to operate various types of motor vehicles (depending on the type of licence) on publicly accessible roads. Driving licences can be obtained by submitting an application to any licensing authority in the applicant's district.
The Income Tax Ordinance was the first law on Income Tax which was promulgated in Pakistan from 28 June 1979 by the Government of Pakistan. The Income Tax Ordinance, 2001. To update the tax laws and bring the country's tax laws into line with international standards, the Income Tax Ordinance 2001 was promulgated on 13 September 2001.
Motor vehicle registration is the registration of a motor vehicle with a government authority, either compulsory or otherwise. The purpose of motor vehicle registration is to establish a link between a vehicle and an owner or user of the vehicle. While almost all motor vehicles are uniquely identified by a vehicle identification number, only ...
The Inland Revenue Service ( IRS) is a department of the Federal Board of Revenue (FBR) in Pakistan. It was established in 2009 and holds the responsibility for overseeing various aspects of domestic taxation, encompassing Sales Tax, Income Tax, and Federal Excise Duty. [1] [2]