FBR Cuts Sales Tax on Locally Manufactured Hybrid Vehicles to 18%

The FBR has reduced sales tax from 25% to 18% on locally manufactured hybrid electric vehicles with engine capacity up to 2000cc effective September 13, 2026. The Federal Board of Revenue (FBR) issued S.R.O. 1525(I)/2026 to reduce the sales tax on eligible hybrid vehicles The notification amends the earlier S.R.O. 297(I)/2023 which was later amended […]

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