According to sources, the budget is likely to include a reduction in taxes on imported vehicles, following the demands of the International Monetary Fund (IMF).

Sources indicate that the government is considering reducing taxes on imported vehicles, which could lead to a significant decrease in vehicle prices.

According to sources, the IMF has urged Pakistan to revive the commercial import of vehicles and relax heavy taxes on the import sector to restore balance to the economy.

In this context, the government has started considering a proposal to reduce customs duties on small vehicles (up to 850cc) and large vehicles (up to 1801cc) by 5 to 30 percent.

If this proposal is included in the budget and approved, it will come as great news for consumers, as it would result in a notable reduction in vehicle prices.

For a long time, car prices have been out of the public s reach, especially due to the rise in the value of the dollar and the implementation of strict tax policies, which caused the prices of imported cars to skyrocket.

Economic experts suggest that if the government indeed includes this proposal in the budget, it will not only provide direct relief to consumers but also breathe new life into the car market.

This could improve the import sector, boost business activities, and potentially enhance the government s tax revenues.

However, it is important to note that all these measures are being taken under IMF pressure and policies aimed at stabilizing the economy.

Therefore, the final outcome will only become clear on the day the budget is presented to determine whether the proposal will be implemented. Both the public and the business community are closely watching this development.