ISLAMABAD: The Federal Cabinet has granted massive tax exemptions to facilitate promotion of four-wheeler electric vehicles (EVs) in the country. The summary forwarded by the Ministry of Industries was approved by the cabinet allowing one per cent sales tax for locally-made EVs up to 50 kwh and light commercial vehicles (LCVs) up to 150 kwh. The cabinet also capped the …
Read More »Cabinet allows incentives for electric vehicles
December 24, 2020