Car prices in budget 2022-23 see a sharp rise
Islamabad: The government has doubled the taxes o cars over 1600 CC in the annual budget for 2022-2023.
The new tax would significantly increase the prices of cars and discourage their imports.
Here is the details of the tax imposed in the budget:
|2.||851cc to 1000cc||Rs.20,000|
|3.||1001cc to 1300cc||Rs25,000|
|4.||1301cc to 1600cc||Rs50,000|
|5.||1601cc to 1800cc||Rs150,000|
|6.||1801cc to 2000cc||Rs200,000|
|7.||2001cc to 2500cc||Rs300,000|
|8.||2501cc to 3000cc||Rs400,000|