The federal government announced tax relaxations for vehicles up to 1000cc in the Budget 2021-22 that came into effect with the start of the new fiscal year on July 1.
With people hoping for a dip in car prices, a notice is circulating on social media stating that Pakistan’s one of the leading auto manufacturers, Honda, has cut the prices of its variants.
The first line of the letter will leave the consumer musing on if the Honda variants qualify for the tax exemptions which are meant only for 1000cc vehicles.
The new purported price list of Honda shows all the variants have engine capacity above 1000cc, including Honda Civic and BR-V S, raising questions about its validity.
The price list circulating on social media shows that prices of Civic and BRV variants have been decreased by up to Rs140,000.
However, there was no official comment from the automaker until Friday night when this report was published.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on May 29, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||381||384.5|
|Hong Kong Dollar||HKD||36.6||36.95|
|New Zealand Dollar||NZD||176.98||178.98|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 235,800||PKR 2,505|
|Karachi||PKR 235,800||PKR 2,505|
|Islamabad||PKR 235,800||PKR 2,505|
|Peshawar||PKR 235,800||PKR 2,505|
|Quetta||PKR 235,800||PKR 2,505|
|Sialkot||PKR 235,800||PKR 2,505|
|Attock||PKR 235,800||PKR 2,505|
|Gujranwala||PKR 235,800||PKR 2,505|
|Jehlum||PKR 235,800||PKR 2,505|
|Multan||PKR 235,800||PKR 2,505|
|Bahawalpur||PKR 235,800||PKR 2,505|
|Gujrat||PKR 235,800||PKR 2,505|
|Nawabshah||PKR 235,800||PKR 2,505|
|Chakwal||PKR 235,800||PKR 2,505|
|Hyderabad||PKR 235,800||PKR 2,505|
|Nowshehra||PKR 235,800||PKR 2,505|
|Sargodha||PKR 235,800||PKR 2,505|
|Faisalabad||PKR 235,800||PKR 2,505|
|Mirpur||PKR 235,800||PKR 2,505|
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