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The federal government has slashed the withholding tax on registration fee for automobiles in three different categories.
Related: 13.28 Million Vehicles Registered In China This Year
The registration fee for an 800 cc automobile has been dropped from Rs 10,000 to Rs 7,500. For a 1000 cc vehicle, the fee has been cut to Rs 15,000 from Rs 20,000 whereas for the vehicles having a capacity of 1300 cc, the cost is cut to Rs 25,000 from earlier Rs 30,000.
However the above will facilitate tax-filers only, as registration fee for non-filers will remain unchanged.
A 3d animation professional with over 20 years of industry experience having served in leading organizations & production facilities of Pakistan, an avid car enthusiast and petrolhead with an affection to deliver writings to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com
