Step-by-Step Guide to Generating a CVT Challan on FBR’s IRIS Portal
Capital Value Tax (CVT) is a federal tax levied on the purchase of motor vehicles in Pakistan. It’s a one-time tax calculated based on the engine capacity or value of the vehicle.
Understanding Capital Value Tax (CVT) in Pakistan: A Comprehensive Guide
Capital Value Tax (CVT) is an important fiscal tool in Pakistan’s tax landscape. As the government strives to broaden its revenue base and modernize tax administration, CVT has emerged as a key component—targeting specific asset classes such as motor vehicles, foreign-held assets, and certain immovable properties.