Earlier, amidst ruckus by the hostility, Finance Minister Shaukat Tarin had unveil the federal budget 2021-22 in the National Assembly. Brand new vehicles up to 800cc have also been exempt from the go forward customs duty, the Pakistan finance minister added.
PM Meri Gari Scheme 2021
The Meri Gari Scheme introduce by the government will advantage the low-income people, with teachers and other professionals, under which the salaried class will be bright to easily buy their upright rides. Addressing the National Assembly budget session, Minister for Finance Shaukat Tarin thought that the government has abolished customs and regulatory duties on vehicles up to 850cc under the scheme.
Amidst ruckus by the opposition, Finance Minister Shaukat Tarin had unveil the federal budget 2021-22 in the National Assembly. Shaukat Tarin said that brand new vehicles up to 800cc have also been exempt from the go forward customs duty.
The government has also exempted Federal Excise Duty (FED) on 850cc cars, he said, adding that they will slash duty on electric cars. Tarin said the government was encouraging the manufacturing and use of electric vehicles to address environmental issues and reduce reliance on gasoline besides provision of cheaper source of transportation to public.