Sales of locally assembled automobiles dropped for the second consecutive month in June, this time too by 15% month-on-month, according to data released by the Pakistan Automotive Manufacturers Association (PAMA). Related: Car Sales Fall as Curbs on Non-Filers Come Into Effect The downfall in sales is due to the restrictions on income tax non-filers, that […]
The local auto assemblers have reportedly stopped taking booking of vehicles from all the ‘non-filers’ including individuals and corporate customers. Last month, while presenting the budget for FY 2018-19, the government barred non-filers from purchasing property that had a declared value of over Rs 4 million and it also put curbs on them from buying […]
Government of Pakistan in the Federal Budget 2018-19, has barred non-filers from buying new motor vehicles, as well as from purchasing property that has a declared value of over Rs 4 million, if their names do not feature in the active taxpayers’ list (ATL) of the Federal Board of Revenue (FBR). “Non-filers shall not be […]
