FBR denies imposing withholding tax on motorcycles, rickshaws
The FBR said no suggestion under consideration to levy tax on Motorcycle and Auto Riksha.
ISLAMABAD (Dunya News) – Federal Board of Revenue (FBR) on Thursday rejected reports that the govt has imposed withholding taxes to the tune of tens of thousands of rupees on auto-rickshaws and motorbikes, terming them "baseless".
In a statement issued on Thursday, no change or increase in tax has been levied on motor vehicles under section 231B and 234 of Income Tax Ordinance-2001 and the news circulating about imposition of tax on Motorcycle and Auto Riksha by FBR is baseless and false.
The FBR strongly refutes this baseless news and stated that there was no suggestion under consideration to levy tax on Motorcycle and Auto Riksha.
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.
