Yesterday, Punjab’s Finance Minister Aisha Ghaus Pasha announced that the Government of Punjab would impose a one-time tax on imported used cars. The statement came during the announcement of the province’s Finance Bill 2016-17.
Also Read: Government Tightens Procedures On Import Of Used Cars!
The amount of the fixed one-time tax varies with the engine capacity of the car ranging from PKR 25,000 for cars with engine displacement of 1000cc to 1300cc going all the way up to PKR 300,000 for 2500cc imported vehicles.
Furthermore, the tax will not apply to the vehicles owned by federal and provincial governments of the country. Also according to Punjab’s finance bill for 2016-17, the government reserves the right to exempt any class of cars from the tax. In a nutshell, this tax looks to be aimed at discouraging the import of used cars to foster the growth of the local automotive industry through Auto Development Policy (2016-21).
other provinces are exempt from this tax ?
Yes as of now but there’s a chance they too will enforce it in the coming months
Time for all Petrolheads to move to Dubai. Soon owning a car in Pakistan would only be limited to politicians.
yeah you are right!
why does the government hate 2000cc+ engines ?
Renault is planting its feet in Pakistan. A friend of mine told me. He works at Karachi Port
Great.. I want a complete BAN on imported used cars. We donot want PAK to be a dumping place of CO2 emitting JUNK CARS…. These IMPORTED USED CARS are just like JUNK FOOD which we people enjoy and then spoil our health….
Down with the Punjab Govt. for the taxing the middle class which is already crushed under load of multiple and virtually non ending string of taxes. This is anti middle class step and we should stand up against it.
they dont pay any TAx
Exactly
LOL .. joke of the day 😀
What about vitz 996 cc , exempted or included?
If the displacement is anywhere less than 1000cc then it’s exempted
vitz 996 cc is exempted right?
It will take years. I don’t believe. Please provide some sources !
YES
Are you serious?
Oo pai kerhi middle class 1300CC se ziyada gari le sakti hay … Khuda ka naam le bhai … middle class wala banda apni roti poori ker le buhat hay … Je 1300CC ya es tu achi gaddi rakh k tusi janab ae keh rahay ho k tusi Middle Class Ooo… te… Nai … janab tusi ameer aadmi O..
Hun deyo Tax… jere tusi plan keetay hoye nay .. imported gaddi lein de.. hahahaha.. enna tu middle class
Joke of the decade I must say .. This guy indeed is on weeds
Keep dreaming until (Na)Pak Suzuki introduce a Hybrid Mehran
What about Prius and Aqua? They hybrid, greener than Vitz and other under 1000cc vehicles
Ab garian aor kitnay mehangi karo gay? Down with govt.
Honda has already started making their cars mire expensive .i think i will stick with my old suzuki mehran and buy benetelli tnt 25 . The govt can eat its vagina
All Governments till now in Pakistan liked its citizens to use old used specially cars which have become kabari. Whereas other nations promote their industry to make cheap and cheap cars with good features while for ordinary people of Pakistan Gadda Garhi is left. Other Nations dump old cars while in Pakistan we use 50’s, 60’s,70’s,80’s,90’s model cars. Our technicians even change their body parts for us to use them because we are the only Nation left in this world where getting a cheap New CAR is IMPOSSIBLE. Why not we make donkey cars for our use. May be by this method our Governments get ASHAMED. But they have no shame left… Ordinary people of Pakistan can only get a new car in HEAVENs and not in their lives.
you mentioned 1000cc – 2500cc or abover. what about 660cc.
Will it run on GOOBAR?
I hope so
Tax agleye Saal lag raha ha Dubai main
cleaner pakistan was admitted yesterday to mental hospital