The Quarterly Board Meeting of Indus Motor Company Ltd. for the quarter and nine months ended 31st March FY 2018-19 was held on April 26, 2019. The company’s combined sales of CKD & CBU vehicles for the nine months period ended March 31, 2019, increased by 7%, to 50,181 units as against 47,103 units sold […]
1700cc
Govt has no intention to remove FED for cars 1700cc and above
There is fake news in the market about the removal of the 10% federal excise duty (FED) on all cars above 1700cc. Our sources confirmed that there is no such intention by the Government or the FBR on the removal of 10% FED. Local cars that have an engine displacement of 1700cc and above will […]