Pakistan's Senate Standing Committee on Finance criticizes FBR Chairman for increased taxes on electric vehicles and other sectors.
Pakistan's Senate Standing Committee on Finance criticized FBR Chairman Asim Ahmad over increased taxes on electric vehicles and other sectors, questioning the impact on industry and policy. FBR defended the property tax rates at 15% for filers and 45% for non-filers. The committee opposed tax rate increases on electric and hybrid vehicles, expressing concerns they may discourage adoption.
June 20, 2024
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