{"id":232331,"date":"2021-12-12T07:25:17","date_gmt":"2021-12-12T02:25:17","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=232331"},"modified":"2021-12-12T07:25:17","modified_gmt":"2021-12-12T02:25:17","slug":"tax-relief-for-small-cars-proposed","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/tax-relief-for-small-cars-proposed\/","title":{"rendered":"Tax relief for small cars proposed"},"content":{"rendered":"<p>ISLAMABAD: The Federal Ministry of Industry and Production has proposed tax relief for small cars under the new Auto Policy, a private television channel on Saturday reported. The ministry recommended tax exemption for up to 800cc cars along with reducing sales tax on small cars to 12.5 percent. The ministry also proposed abolishing additional customs duty, withholding tax and excise duty on locally manufactured small cars. According to the sources, the tax relief will also apply to the small imported cars. It was also proposed to review tax relief for small cars after every year. The Finance Ministry, however, directed the officials concerned to hold more consultations over the proposals for the tax relief. DNA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Federal Ministry of Industry and Production has proposed tax relief for small cars under the new Auto Policy, a private television channel on Saturday reported. The ministry recommended tax exemption for up to 800cc cars along with reducing sales tax on small cars to 12.5 percent. The ministry also proposed abolishing additional customs [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-232331","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tax relief for small cars proposed<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/tax-relief-for-small-cars-proposed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax relief for small cars proposed\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: The Federal Ministry of Industry and Production has proposed tax relief for small cars under the new Auto Policy, a private television channel on Saturday reported. The ministry recommended tax exemption for up to 800cc cars along with reducing sales tax on small cars to 12.5 percent. The ministry also proposed abolishing additional customs [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/tax-relief-for-small-cars-proposed\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-12T02:25:17+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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