ISLAMABAD: The 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.
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.
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.
| 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 |
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