The Federal Board of Revenue (FBR) has clarified that no change or increase in tax has been levied on motor vehicles under the section 231B and 234 of Income Tax Ordinance-2001.
The news circulating about imposition of tax on motorcycle and auto rikshas by the FBR is baseless and false. The FBR strongly refutes this baseless news. Further, there is no suggestion under consideration to levy tax on motorcycle and auto rikshas, says a press release issued here on Thursday.
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 the society.-PR