Pakistan, Jan. 30 -- Government is planning to cancel the registration of dealers charging 'Own Money' to the customers on selling new cars, said Advisor to PMon Commerce, Abdul Razzak Dawood.

While talking to the media, the PM advisor said, "I discourage the unnecessary charging of Own Money and I have raised this matter with the stakeholders. We are chalking out a plan with regard to canceling the registration of dealers who are involved in this business."

'Own money' is an illegal selling practice widely prevalent among car dealers across the country. This practice is to exploit the buyers, who are aware of it most of the times.

The dealers charge buyers the Own Money by saying that the money is going to the company. However, this a...