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Commercial Import of 5-Year-Old Vehicles Allowed from Next Fiscal Year

Commercial Import of 5-Year-Old Vehicles Allowed from Next Fiscal Year

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During a briefing on the changes in customs tariffs to the Senate Standing Committee on Finance, FBR officials informed the Senate that the government has decided to permit the commercial import of 5-year-old vehicles starting from the next fiscal year. An additional 40 percent customs duty will be imposed on these imported vehicles. Officials further …

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Most Reliable Used Cars for Sale in Karachi in 2025

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Buying a used car is a smart financial decision, especially when you’re looking for reliability, affordability, and long-term value. In a city like Karachi, where road conditions, traffic, and fuel economy all play critical roles, choosing a dependable used car becomes even more important. In 2025, the used car market in Karachi is more active …

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Impact of Iran-Israel Conflict on Petrol Prices and Automobile Sales in Pakistan

Impact of Iran-Israel Conflict on Petrol Prices and Automobile Sales in Pakistan

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The ongoing tensions between Iran and Israel have significant implications for the global economy, particularly in the energy sector. As a petroleum-importing country, Pakistan is vulnerable to fluctuations in global oil prices.This blog explores the potential impact of the Iran-Israel conflict on petrol prices and automobile sales in Pakistan. Global Oil Price Volatility The Iran-Israel …

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Lahore Traffic Police Crackdown on E-Challan Defaulters

Lahore Traffic Police Crackdown on E-Challan Defaulters

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The Lahore Traffic Police has initiated a crackdown on the top 1,000 vehicles with outstanding e-challan fines. In 20 days, the operation has recovered Rs. 30.7 million in unpaid fines. Key Details Total Amount Recovered: Rs. 30.7 millionAmount Recovered from Government Vehicles: Rs. 3.5 millionNumber of Vehicles Targeted: Top 1,000 defaultersVehicles Already Apprehended: Over 300 …

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Ittefaq Group Secures Civil Works Contract for BYD/Mega Motor EV Assembly Plant

Ittefaq Group Secures Civil Works Contract for BYD/Mega Motor EV Assembly Plant

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The Ittefaq Group has officially been awarded the civil works contract for the upcoming BYD/Mega Motor electric vehicle (EV) assembly plant located in Gharo, Sindh. This ambitious project marks a significant development in Pakistan’s automotive landscape, focusing on the production of electric vehicles to support eco-friendly transportation solutions. Project Overview Significance of the Project This …

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Punjab Government Expands Vehicle Emissions Testing Program to Motorways

Punjab Government Expands Vehicle Emissions Testing Program to Motorways

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In a progressive move to combat rising air pollution levels, the Punjab government has expanded its Vehicle Emissions Testing Program to include motorways. Spearheaded by the Environment Protection and Climate Change Department, this initiative underscores the province’s commitment to enforcing environmental regulations and promoting cleaner transportation. Key Features of the Program Objectives of the Initiative …

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The Booming Vehicle Inspection Industry in Pakistan

The Booming Vehicle Inspection Industry in Pakistan

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Pakistan’s vehicle inspection industry is witnessing remarkable growth, fueled by rising consumer demand for transparency, reliability, and peace of mind in the used car market. Among the key players revolutionizing this sector are FameWheels, both offering advanced, equipment-based inspection services. The Importance of Vehicle Inspections Vehicle inspections offer a comprehensive evaluation of a car’s condition, …

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Government Imposes Car Purchase Ban on Non-Filers

Government Imposes Car Purchase Ban on Non-Filers

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In a significant move aimed at strengthening the tax regime, the Pakistani government has imposed a ban on non-filers from purchasing vehicles under the Federal Budget 2025-26. This policy is part of a broader effort to expand the tax net and improve economic transparency. Key Aspects Potential Impact: Implementation and Challenges: Government’s Objective: The overarching …

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