{
  "id": 7298238,
  "title": "Govt cuts HEV sales tax from 25% to 18%",
  "url": "https://urgent.news/2026/09/14/govt-cuts-hev-sales-tax-from-25-to-18",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-14T10:29:15.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439415/govt-cuts-hev-sales-tax-from-25-to-18"
  },
  "original_language": "en",
  "account": "The government has reduced the sales tax on locally produced hybrid electric vehicles (HEVs) with engine capacities up to 2000cc from 25% to 18%. This change was confirmed by Ali Khizar, Director of Research at Business Recorder, who noted the reduction from 8-12% to 18% in a recent post on X. The amended notification, S.R.O. 1525(1)/2026, superseded the previous S.R.O. 297(1)/2023, effective immediately.",
  "summary": "The government has lowered the sales tax on locally manufactured hybrid electric vehicles (HEVs) with engine capacity up to 2000cc from 25% to 18%. The Finance Division has issued S.R.O. 1525(1)/2026 dated September 13, 2026, amending the sales-tax notification S.R.O. 297(1)/2023. “In exercise of the powers conferred by clause (b) of sub-section (2) of section 3 of the Sales Tax Act, 1990, read…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}