Tag: federal excise duty
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PIA and other airlines increase federal excise duty on international flights
Pakistan International Airlines (PIA) and other airlines operating in Pakistan have announced a significant increase in the federal excise duty (FED) on international flight tickets, following the federal government’s decision in the 2024-25 budget.
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FBR faces Rs75 billion shortfall in annual tax collection target
The Federal Board of Revenue (FBR) is currently confronted with a shortfall of Rs75 billion in attaining the revised annual tax collection target of Rs7,200 billion for the fiscal year.
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Suzuki Cultus will now be sold for Rs4.36 million following latest price increase
On Wednesday, Pak Suzuki Motor Company (PSMC) made an announcement that has stirred up the automobile industry – a decision to increase the prices of their diverse range of car models by a substantial amount, up to Rs235,000. The automaker released a notification detailing the revised retail sales prices which will take effect from April…