Sindh Excise and Taxation Department notified new rates of motor vehicle tax through Finance (Supplementary) Act, 2022 – According to a notification, the provincial govt has doubled the existing tax on vehicles.
The tax on cars over 1000cc has been increased to Rs. 100,000 from existing Rs. 50,000, the tax on vehicles ranging between 1001cc to 2000cc has been increased to Rs. 200,000 compared to the existing Rs. 100,000 tax while those of 2001cc and above will pay Rs. 400,000 in taxes.
This will be another blow to the rising cost of ownership of passenger cars which have already witnessed a huge price increase courtesy the supplementary financial bill (mini budget) recently approved by the government.
A computer animation professional with over 23 years of industry experience having served in leading organizations, TV channels & production facilities in Pakistan. An avid car enthusiast and petrolhead with an affection to deliver quality content to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com
wpDiscuz 