Toyota Fortuner may become cheaper by Rs224,000 ...palestine

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Toyota Fortuner may become cheaper by Rs224,000
The government has decided to reduce the Federal Excise Duty on all 1,000cc vehicles by 2.5%. This will affect the price of the Toyota Fortuner Sigma 4. The Rs9.65 million SUV is expected to see a price decline of Rs224,000. “The tax is paid by customers so the companies will have nothing to lose,” Research Analyst Taha Madani told SAMAA Digital.     A 2.5% FED was applied on cars below 1000cc; 5% was imposed on cars below 2000cc and above 1000cc; and 7.5% on cars above 2000cc. All these categories will now see a price decline of 2.5%. This means 1000cc cars will have no FED. Cars above 1000cc but below 2000cc will have a FED of 2.5%, and cars above 2000cc will have a FED of

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