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Tag Archives: mobile assembly get incentives

Electric vehicles, mobile assembly get incentives


December 17, 2020

ISLAMABAD: The government on Wednesday decided to impose up to Rs200,000 tax on sale of locally manufactured vehicles within 90 days of delivery from manufacturer to discourage ‘on-money’ and removed sales tax on locally manufactured phones worth over $200 and 4pc withholding tax on local mobile manufacturers. The decisions were taken at meeting of the Economic Coordination Committee (ECC) of …

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