JAMIL CHOUDHARY & COMPANY

🚨FBR decides to impose fines on those who buy vehicles without using banking channels. Anyone purchasing a vehicle worth over PKR 3 million in cash will be fined.

The Excise & Taxation Department has been instructed to collect the fines. At the time of ownership transfer, up to 10% of the vehicle’s value will be charged from buyers who do not use banking channels.