Recently, the government launched the country’s first-ever electric vehicle policy which aims to slash the import bill, curb greenhouse gas emissions and convert 30% of all cars to Electric Vehicles (EVs). The comprehensive policy has multiple incentives to boost the growth of EVs in the country including free registration, tax exemption and others. Under the proposed policy, Foreign Exchange Remittance Cardholders, who remit $100,000 over a period of two years, will be allowed to import one hybrid car duty-free.
To acknowledge the services of Pakistanis living overseas, the Ministry of Overseas Pakistanis and Human Resource Development is looking to introduce regulations that will allow one hybrid car (upto 3000CC) to be imported duty-free.
Source: Pro Pakistani
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