TABLE 2.13: ESTIMATED EMPLOYMENT IN THE AUTOMOTIVE SECTOR, 2009-10 Employment (Nos.) OEMs 22,254 Motor Cars, etc. 5,440 Motor Cycles 12,220 Buses/Trucks 1,453 Tractors 3,141 Domestic Part Manufacturers 187,070 TOTAL SECTORAL EMPLOYMENT 209,324 Sources: Author’s Calculation using numbers from PAMA, EDB, PAAPAM and CMI (sources are given in detail in Table 2.7).
29 TABLE 2.14: ESTIMATED REVENUE CONTRIBUTION BY THE AUTOMOTIVE SECTOR, 2009-10 (Rs. Million) Custom Duties 25,234 Federal Excise 119 Sales Tax 23,414 Domestic 7,325 Imported 16,089 Total Indirect Taxes 48,767 Direct Tax 12,990 Income 8,775 Withholding Taxi Total Automobile Sector 61,757 Tax Revenues 1,329,000 Tax Contribution as Percentage of Tax Revenues 4.6 Automotive Sector is the third largest contributor to Federal Tax Revenues in 2009-10. Source: Annual Report, Federal Board of Revenue. Financial Statements Analysis of Companies (Non-Financial) Listed at Karachi Stock Exchange (2005-10), SBP. Share with your friends: |