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Pakistan is the 23rd largest producer of automobiles. Its contribution to the national exchequer is nearly Rs. 50-billion (US$220 million). Pakistan's auto market is among the fastest growing in Asia. 269,792 cars were sold in 2018, but this number declined to 186,716 in 2019 due to austerity measures.
Pakistan has a significant market for hybrid vehicles such as Honda's Vezel, Toyota's Prius, and Aqua.The Automotive Development Policy (2016–2021) and the launch of the China-Pakistan Economic Corridor (CPEC) encourage foreign investments for new automobile brands to enter the Pakistani market, while the leading manufacturers in the automobile industry in Pakistan are interested in ...
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.
Vehicle registration plates of Pakistan. Vehicle registration plates of Pakistan are issued by an agency of the provincial or territorial government. Generally, the appearance of plates is frequently chosen to contain symbols, colours, or slogans associated with the issuing jurisdiction. All vehicle registration plates use the Latin alphabet.
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.
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:
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]
The tag is attached to the windscreen of vehicles and is automatically scanned at toll plazas on entry and exit, meanwhile debiting the calculated toll tax from a prepaid M-TAG account. [9] [10] The service has since been expanded to all motorways, except M-14 and M-8 , and is also used on Lahore Ring Road .