THE GOVERNMENT PRESENTS THE “MERI GARI SCHEME”

Business

In a bid to facilitate the masses, the government on Friday introduced ‘Meri Gari Scheme

This government has launched the “Meri Gari Scheme.”

The “Meri Gari Scheme” is a component of a larger plan to encourage personal mobility and economic progress.

The “Meri Gari Scheme” provides flexible payback plans, competitive loan rates, and an easier application process.

Eligible applicants, including individuals and small enterprises, can apply for loans to purchase cars, and motorcycles.

The “Meri Gari Scheme” is a proactive measure that aims to raise living conditions and achieve inclusive economic growth.

The “Meri Gari Scheme” aims to transform the nation’s car ownership scene and create a more mobile and connected society.

Addressing the National Assembly budget session, Minister for Finance Shaukat Tarin said that the government has abolished customs and regulatory duties on vehicles up to 850cc under the scheme. PC Software Free Download

Brand new vehicles up to 800cc have also been exempted from the advance customs duty, the finance minister added.He maintained that the government has slashed sales tax on locally manufactured cars from 17% to 12.5%. The government has also exempted Federal Excise Duty (FED) on 850cc cars, he said, adding that they will slash duty on electric cars.

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