So i hear its 85k per year on 1800cc... and never will I pay this.
Bro pehle koi 13k pay nhi krta 85k kon kre ga
Per seat?
For a 1.8 rough estimation of annual token tax for filer (Islamabad)
Token tax 5,000Income Tax 4,500Per Seat Tax 4,500x 4= 18,000
There could be couple of other charges (not included in this calculation)
Total: 27,500 rs
why u add income tax 5 times. 4500.
Please ask govt
bro Token Tax 5000Income tax Per seat 4500x4=18000Professional Tax 100
Total= 23100
Very unfortunate to see this.
I wonder what would be the drop in vehicle token payers when this is implemented.
Punjab main pehlay hi 13700 tha...ab 1 lac ho ga
Please see the chart there is 4,500 income tax as well
Per seat tax is not a new thing. It has been there since ages. This chart from http://Islamabadexcise.gov.pk is still there as they have not updated the website with new rates for FY 2019-2020
These seat rates have been increased and they were not only for commercial vehicles.
Screenshots of Finance Act 2019 as published in Gazette of Pakistan
What about advance tax?
Punjab ka pehlay hi 4 times tha...ab shaid buhat ziada ho jae ga
What is this advance tax? Is it included in yearly token tax or is it one time?
Advance tax is adjustable tax means it can be adjusted against tax liability at the time of retuen
Same goes for income and withholding as well. Problem is to pay them upfront as we don't get salaries in advance
Matlab na hi samjhain. Adjustable kuch nahi hota in Pakistan. Specialy for govt job salaried persons whose tax is automatically cut at source and no adjustment is allowed
Jab ap tax return file karayay gai tou you can get all the adjustment done, refund milay na milay wo alag bat hai.....
