ISLAMABAD: Authorities in Pakistan have announced a 25% sales tax on locally manufactured and assembled vehicles, targeting four-wheelers priced at Rs. 4,000,000 or more or those with engines over 1400 cc. This decision comes amidst the ongoing struggles faced by the auto industry in Pakistan for over 2 years.
With the caretaker government aiming to boost funds, the new tax has sparked concerns among buyers who are already facing record-high car prices. Major brands including Suzuki, Toyota, and Honda are expected to be affected by the policy change.
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Here is data on the expected price increases for top models, leaving buyers curious and worried about the impact on their purchasing decisions.