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    <title>Aaj TV English News - Pakistan</title>
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    <pubDate>Tue, 07 Apr 2026 22:03:40 +0500</pubDate>
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      <title>Govt increases taxes on local cars</title>
      <link>https://english.aaj.tv/news/30351168/govt-increases-taxes-on-local-cars</link>
      <description>&lt;p&gt;&lt;strong&gt;The Economic Coordination Committee approved a proposal to raise sales tax on vehicles bigger than 1400cc to 25%. A hike in price of gas was also approved.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The ECC met under caretaker Finance Minister Shamshad Akhtar on Wednesday, where multiple proposals were tabled.&lt;/p&gt;
&lt;p&gt;The Committe approved an increase in the price of gas saying that companies should riase the prices according to their needs.&lt;/p&gt;
&lt;p&gt;The ECC also decided to stop the sale of gas on cheaper rates to fertiliser companies. The rates will now be uniform for all companies.&lt;/p&gt;
&lt;p&gt;The meeting also ordered the Competition Commission to take action against people involve din the recent increase in the price of fertiliser.&lt;/p&gt;
&lt;p&gt;The ECC also approved an increase in the price of locally-manufactured cars. The sales tax on 1400cc cars and higher has been raised to 25%.&lt;/p&gt;
&lt;p&gt;The meeting also approved a budget worth Rs125 billion for the Intelligence Bureau.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>The Economic Coordination Committee approved a proposal to raise sales tax on vehicles bigger than 1400cc to 25%. A hike in price of gas was also approved.</strong></p>
<p>The ECC met under caretaker Finance Minister Shamshad Akhtar on Wednesday, where multiple proposals were tabled.</p>
<p>The Committe approved an increase in the price of gas saying that companies should riase the prices according to their needs.</p>
<p>The ECC also decided to stop the sale of gas on cheaper rates to fertiliser companies. The rates will now be uniform for all companies.</p>
<p>The meeting also ordered the Competition Commission to take action against people involve din the recent increase in the price of fertiliser.</p>
<p>The ECC also approved an increase in the price of locally-manufactured cars. The sales tax on 1400cc cars and higher has been raised to 25%.</p>
<p>The meeting also approved a budget worth Rs125 billion for the Intelligence Bureau.</p>
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      <guid>https://english.aaj.tv/news/30351168</guid>
      <pubDate>Wed, 14 Feb 2024 23:39:41 +0500</pubDate>
      <author>none@none.com (Yasir Nazar)</author>
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