Token Tax

Among the other moves, in Punjab’s finance bill for the next financial year, the Punjab Motor Vehicles Taxation Act, has also been amended which in turn has introduced new token tax in the province. The…

On June 6, 2023, the excise and taxation department in Lahore released a notice regarding significant updates to the token tax and transfer fees in Punjab. These changes will have an impact on vehicle owners…

In an endeavor to Prevent Car Transfers and Token Tax Fraud, Punjab Excise & Taxation comes has come up with a new system. Details have revealed that a newly-introduced two-way security mechanism would…

If you are car or bike owner, paying token tax and challans (read E-Challan) are a must. Because these are kind of essential with the vehicles. Most of us feels paying challan physically a hassle and same is…

The car owners and consumers are facing difficulties and issues one-after-another. The latest problem owners in Punjab are facing is while paying token tax online. According to details, the owners of 2016-17…

There is no change, as of now, in luxury tax on cars in the province says official of Punjab Excise Department. On 16th October 2018, the Punjab Assembly held a session, which was chaired by Chief Minister…

On Tuesday 16th October 2018, the Punjab Assembly held a session, which was chaired by Chief Minister Sardar Usman Buzdar. During the session, the annual budget for the remaining 8 months of the fiscal year…

Almost 56 percent of the vehicles running in Punjab are 1000cc or less and to make those vehicle owners pay their token tax with less hassle, Punjab Government has introduced a deal where you pay 10,000 rupees…