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.
Read more: Massive Increase in prices of Gold in Pakistan
Here is data on the expected price increases for top models, leaving buyers curious and worried about the impact on their purchasing decisions.
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