Government Cuts Sales Tax on Locally Made Hybrids From 25 Percent to 18 Percent
The federal government has reduced the sales tax on locally manufactured hybrid electric vehicles with engine capacities of up to 2,000cc from 25 percent to the standard 18 percent rate. The change was introduced through SRO 1525(I)/2026, issued on September 13, 2026, and takes effect immediately. The notification amends the earlier sales tax framework under […]