No new tax on bike, rickshaw: FBR
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ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that no new withholding tax is being levied on motorcycle and auto rickshaw.
An official statement issued said that no change or increase in tax has been levied on motor vehicles under section 231B and 234 of Income Tax Ordinance 2001.
Further, there is no suggestion under consideration to levy tax on motorcycle and auto rickshaw. The tax is levied only on cars as per Income Tax Ordinance 2001. The government is working to provide facilities to the less income segment of society, added the announcement.
Published in Dawn, July 26th, 2019
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Comments (3) Closed
Jul 26, 2019 11:35am
Fake info was spread in Sindh assembly as reported by the Media. Due to the outrage witnessed, Sindh gov quickly shelved the idea and instead put a 19.5% GST on broadband from July onwards.
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Jul 26, 2019 05:00pm
@Sameer, Sindh assembly can't impose advance tax which is a federal subject. GST on goods is also a federal subject so there is no possibility of 19.5% GST as per your claim.
Provinces can only receive GST on services.
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Jul 26, 2019 06:40pm
@blunt, Is rental income considered to be driven from goods or services?
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