Car prices in Pakistan increase after passing of 'mini-budget'

The tax on cars over 1000cc has been increased to Rs 100,000 from the existing Rs 50,000.

Published: 25th January 2022 12:37 PM  |   Last Updated: 25th January 2022 12:37 PM   |  A+A-

Pakistan Flag

Pakistan Flag (Photo | AFP)


KARACHI: The Sindh Excise and Taxation Department in Pakistan on Monday has increased tax on vehicles through Finance (Supplementary) Act, 2022, leading to an increase in car prices in the country, reported ARY News.

Notably, the National Assembly had passed the controversial Finance (Supplementary) Bill, generally known as the "mini-budget" amid fierce objections from the opposition benches, and after its implementation, the car prices have increased significantly in Pakistan.

The tax on cars over 1000cc has been increased to Rs100,000 from the existing Rs50,000.

The country is currently under heavy debt and inflation is also soaring rapidly.

The tax on vehicles ranging between 1001cc to 2000cc also increased to Rs200,000 compared to the existing Rs100,000 tax while those of 2001cc and above will pay Rs400,000 in taxes, reported the news channel.

Earlier, on Saturday, Pakistan Prime Minister Imran Khan has admitted that the people in the country are facing massive inflation as prices of commodities and fuel have surged in the nation, a media report said.

India Matters


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp