On June 2, the federal government will release the national budget for fiscal year 2025–2026, with a major emphasis on changing the import regulations for cars.
According to sources who spoke to SAMAA, buyers may be in for a big relief as the upcoming budget is predicted to make imported cars, particularly new models, much more affordable.
The International Monetary Fund (IMF), which has advocated for a decrease in import-related levies, especially in the automotive industry, as part of larger reforms meant to boost market openness and competitiveness, has been putting constant pressure on this trend.
Senior Federal Board of Revenue (FBR) officials claim that.
