IMF demands 25% sales tax on imported electric vehicles | Collector

All CURRENT NEWS SPORTS MAGAZİNE SCİENCE BUSİNESS TRAVEL AUTOMOBİLE TECHNOLOGY

IMF demands 25% sales tax on imported electric vehicles

BOL Network

IMF demands 25% sales tax on imported electric vehicles

KARACHI: The International Monetary Fund (IMF) has pushed back against a proposed reduction in sales tax on imported electric vehicles, demanding the rate be set at 25 percent rather than the 1 percent floated by Pakistani authorities, sources said Wednesday. The fund classified imported EVs as luxury goods despite their environmental credentials, opposing any tax ... Read more The post IMF demands 25% sales tax on imported electric vehicles appeared first on BOL News .

Go to News Site