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Message: <blockquote data-quote="eshan1" data-source="post: 17838814" data-attributes="member: 70804">Below is a summary of what has happened so far:1. Interim budget was read in the parliament on the 29th of January2. Proposal to abolish the depreciation allowance for hybrid vehicles3. Increase the tax rate for hybrid cars from 57.5% to 92%4. Above increase will have a massive impact on the taxes of hybrid vehicles5. Individuals who have already opened LCs formed a group to request a concession from the minister of finance6. Above group gathered at the finance ministry and met with ministry officials7. A request letter was handed over to the minister through his secretary8. Participants were informed that a concession will be considered, however no firm commitment was given by the officials9. An appointment was given for the 11th of February for the representatives of the group to discuss this matter with the finance ministerPlease do not clear your vehicle until a final decision is given, if you do so you will not be able to get a concession even if there is a subsequent concession.</blockquote>

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