Tue, 21-Oct-2025

New Vehicle Lifetime Token Tax in Punjab for July 2024

New Vehicle Lifetime Token Tax in Punjab for July 2024

The Punjab government has enacted the Punjab Finance Bill 2024-25, introducing several changes and amendments to the Punjab Motor Vehicles Taxation Act. Among the proposed changes to the Motor Vehicles Taxation Act, the government has introduced a new token tax in the region. This new token tax policy targets vehicle owners in the province. According … Read more