In July, car sales decreased by 36%. A total of 8,589 units were sold during the month of July this year.
This represents a 60% increase on an annual basis, but a 36% decrease on a monthly basis.
According to Dawn, the decline in car sales is being attributed to the increase in the withholding tax rate imposed in the budget for the fiscal year 2025.
In June, car sales had reached an 18-month high.
Punjab Schools to Observe Winter Vacations from December 20 to January 10
Winter vacations in Punjab schools will commence on December 20 and continue until January 10, spanning a total of 20 days. The official announcement confirms that all schools will remain…