Automobile

Honda City new price in Pakistan after Budget 2024-25 approval; Details inside

Published by
Web Desk

ISLAMABAD: The federal government is contemplating a substantial rise in withholding tax on new car purchases, with proposed changes not limited to a flat increase but a percentage-based hike affecting cars with engine capacities ranging from under 850 cc to 2000 cc.

The Honda City is a popular choice as it offers a stunning blend of reliability, comfort, and performance. The latest generation of Honda City features sharp body lines, push-button start, keyless entry, and other fascinating changes.

It also features automated temperature control, a loaded steering wheel, modern LED headlights, LED taillights, and the newest multimedia system.

Boasting Water Cooled 4-stroke, SOHCi-VTEC engine, it delivers a potent combination of power and fuel efficiency, ideal for urban commutes and long drives alike.

Pakistan’s auto industry is currently facing significant challenges, including a sharp rise in car prices and a significant decline in sales.

According to Pakistan Automobile Manufacturers Association (PAMA) data, Honda’s sales have suffered. In the first six months of this fiscal year, less than 5,000 units of Honda’s locally assembled four models were sold.

Notably, the popular Civic and City models sold 3,938 units between July and December last year, marking a drop of over 50% compared to the same period last fiscal.

Revised Withholding Taxes on Honda City 2024

Up To 850cc Current Value Current Tax Proposed Tax (%) Proposed Tax (pkr) Difference (pkr)
Honda City

 

Honda City 1.5L CVT 5,439,000 50,000 2.00% 108,780.00 58,780
Honda City

 

Honda City 1.5L ASPIRE M/T 5,649,000 50,000 2.00% 112,980.00 62,980
Honda City

 

Honda City 1.5L ASPIRE CVT 5,849,000 50,000 2.00% 116,980.00 66,980

Taxes on Cars in Pakistan after Budget 2024-25 Approval

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

Honda City Variants

In Pakistan, Honda City is available in five variants:

Honda City 1.2L MT,

Honda City 1.2L CVT

Honda City 1.5LS CVT

Honda City 1.5LAS MT

Honda City 1.5LAS CVT.

Web Desk

Recent Posts

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

33 minutes ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

1 hour ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

2 hours ago

Alternative to the Strait of Hormuz Ready: UAE Decides to Build New Port

ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…

2 hours ago

Afghan Women’s refugee team could Play International matches by 2030

DUBAI: The International Cricket Council (ICC) is considering plans that could allow the Afghan women's…

3 hours ago

US-Iran tensions spark fears of fuel price hike in Pakistan

ISLAMABAD: Escalating tensions between the United States and Iran have once again unsettled global oil…

3 hours ago