Many of us have been disturbed by the new rules and taxes applied on automobiles. One of them is the Withholding Tax.
It was being said that the government is taking it back but those rumors did not prove to be right.
WHT has been revised. It is applicable as per engine cc and year of registration of a car. Currently, I only have the details of one category which I am sharing with you people.
For 1600-1800 cc category, the wht is 150,000 rs for 2014 registered car.
For 2013, it will be reduced by 10%.
For 2012, it will be reduced by 20% and will be applicable till 2009. The percentage will decrease for every year till 2009.
Other transfer charges are the same as in the past. No changes.
Hope it helps.
Sent from my HUAWEI G610-U20 using PW Forums mobile app