Car Prices After Budget 2024-25: Proposed New Vehicle Tax Rates Announced
Finance Minister Muhammad Aurangzeb presented the budget proposal for 2024-25, announcing major revisions to vehicle taxation. A key adjustment involves shifting the basis of the withholding tax (WHT) on cars. Previously determined by engine capacity, it will now be calculated according to the ex-factory price. 3.5 This update affects car prices across various engine capacities, … Read more