Suzuki Alto Expected Price in Pakistan After Withholding Tax Increase in Budget 2024-25
Suzuki Alto Price in
Pakistan after Budget: The federal government has implemented a new car taxation policy in the 2024–25 budget, taxing cars based on engine size to simplify the tax system and boost revenue.
The new taxes range from 0.5% to 12% of the vehicle's value, depending on engine size. The
Suzuki Alto, the company's entry-level car, falls into the first segment introduced by the PML-N government.
Suzuki Alto Price in Pakistan
| Car Engine |
Less than 850 cc |
| Old Price |
Rs2,331,000 |
| Old Tax |
Rs10,000 |
| New Proposed Rate |
0.50percent |
| New Tax Rate |
Rs12,500 |
| New Car Price |
Rs2,342,655 |
Taxes on cars in Pakistan after Budget 2024–25
| Engine Size (cc) |
Tax Rate (%) |
| Up to 850 |
0.5 |
| 851 to 1000 |
1 |
| 1001 to 1300 |
1.5 |
| 1301 to 1600 |
2 |
| 1601 to 1800 |
3 |
| 1801 to 2000 |
5 |
| 2001 to 2500 |
7 |
| 2501 to 3000 |
9 |
| Above 3000 |
12 |
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With the new taxes, the government will receive higher revenues, reflecting the true market value of vehicles. The impact on consumers is expected to be lessened for tax filers, who can adjust the tax as an advance.
