Advance Income Tax Increased for Non-Filers
The government in its recent financial amendments, have allowed non-filers of tax returns to buy new cars. Earlier in the first financial amendment made in January 2019, the government allowed …
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Non-Filers Not Exempted from Income Source Probe
The government in its recent financial amendment bill, allowed non-filers of tax returns to buy new cars. The restriction was imposed through Finance Act 2018, which caused hue and cry …
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Honda Wants the Govt to Lift 1300cc Limit For Non-Filers
Honda wants the government to allow non-filers to purchase 1,350cc vehicles instead of the 1,300cc as announced in the mini-budget.
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Non-Filers Allowed to Purchase Cars up to 1300cc
As per the new financial amendments, government has allowed non-filers to purchase new cars up to 1300cc engine capacity.
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Restriction on Vehicle Purchase by Non-Filers Challenged in IHC
A petition has been files in the Islamabad High Court (IHC) on behalf of an auto dealer against the government’s policy that restricts non-filers of income tax returns from purchasing …
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Non-Filers Cannot Buy New Cars and Property
The Cabinet’s Economic Coordination Committee (ECC) made three changes on Tuesday to the supplementary budget it presented on September 18, reversing a key directive that once restricted non-filers from buying …
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Automakers Have Mixed Opinion Regarding the Ban on Non-Filers
Automakers including existing and the new entrants are divided in their views of what the restriction on non-filers of tax returns means for the auto industry. Speaking to Dawn, some …
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Auto Industry Becomes Attractive Again as Non-Filers are Allowed to Buy New Cars
Stocks in the automobile sector gleamed at the Pakistan Stock Exchange on Tuesday because of the revised finance bill lifting the ban on purchase of new cars by non-filers of …
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Car Sales Fall for Second Consecutive Month on Tax-Related Curbs
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). …
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Car Sales Fall as Curbs on Non-Filers Come Into Effect
Auto assemblers suffered a drop of 15% in car sales in May 2018 on a month-on-month basis on the flipside of increase in vehicle prices and government’s restriction on non-filers …
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