{"id":40038,"date":"2024-06-19T15:09:54","date_gmt":"2024-06-19T10:09:54","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=40038"},"modified":"2024-06-19T15:19:55","modified_gmt":"2024-06-19T10:19:55","slug":"suzuki-cultus-new-price-in-pakistan-after-budget-2024-25-details-inside","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/suzuki-cultus-new-price-in-pakistan-after-budget-2024-25-details-inside\/","title":{"rendered":"Suzuki Cultus new price in Pakistan after Budget 2024-25; Details inside"},"content":{"rendered":"

Islamabad: The federal government in Budget 2024-25 has proposed\u00a0a substantial rise in withholding tax<\/a> 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 3000 cc and above<\/a>.<\/p>\n

The new tax rates range from 0.5 percent to 12 percent of the vehicle’s value, depending on the engine size. Suzuki Cults, the iconic hatchback from the country’s oldest car manufacturer, falls in the 850-1000cc car segment.<\/p>\n

The new tax rates will result in higher taxes for consumers, reflecting the true market value of their vehicles. However, tax filers can adjust the tax as an advance, reducing the impact on them.<\/p>\n

Suzuki Cultus Price in Pakistan 2024<\/strong><\/h2>\n\n\n\n\n\n\n\n\n
Car Engine<\/td>\n1000cc<\/td>\n<\/tr>\n
Old Tax<\/td>\nRs20,000<\/td>\n<\/tr>\n
New Tax<\/td>\nRs38,580<\/td>\n<\/tr>\n
New Proposed Rate<\/td>\n1percent<\/td>\n<\/tr>\n
Tax Diff<\/td>\nRs18,580<\/td>\n<\/tr>\n
New Car Price<\/strong><\/td>\nRs3,876,580<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Revised Withholding Taxes on Suzuki Cultus 2024<\/strong><\/h2>\n\n\n\n\n\n\n
<\/td>\nUp To 850cc<\/td>\nCurrent Value<\/td>\nCurrent Tax<\/td>\nProposed Tax (%)<\/td>\nProposed Tax (pkr)<\/td>\nDifference (pkr)<\/td>\n<\/tr>\n
Suzuki Cultus<\/td>\nSuzuki Cultus VXR<\/td>\n3,858,000<\/td>\n20,000<\/td>\n1.00%<\/td>\n38580<\/td>\n18,580<\/td>\n<\/tr>\n
Suzuki Cultus<\/td>\nSuzuki Cultus VXL<\/td>\n4,244,000<\/td>\n20,000<\/td>\n1.00%<\/td>\n42440<\/td>\n22,440<\/td>\n<\/tr>\n
Suzuki Cultus<\/td>\nSuzuki Cultus Auto Gear Shift<\/td>\n4,546,000<\/td>\n20,000<\/td>\n1.00%<\/td>\n45460<\/td>\n25,460<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Taxes on Cars in Pakistan after Budget 2024-25<\/h2>\n
\n
\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Engine Size (cc)<\/th>\nTax Rate (%)<\/th>\n<\/tr>\n<\/thead>\n
Up to 850<\/td>\n0.5<\/td>\n<\/tr>\n
851 to 1000<\/td>\n1<\/td>\n<\/tr>\n
1001 to 1300<\/td>\n1.5<\/td>\n<\/tr>\n
1301 to 1600<\/td>\n2<\/td>\n<\/tr>\n
1601 to 1800<\/td>\n3<\/td>\n<\/tr>\n
1801 to 2000<\/td>\n5<\/td>\n<\/tr>\n
2001 to 2500<\/td>\n7<\/td>\n<\/tr>\n
2501 to 3000<\/td>\n9<\/td>\n<\/tr>\n
Above 3000<\/td>\n12<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Islamabad: The federal government in Budget 2024-25 has proposed\u00a0a 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 3000 cc and above. The new tax rates range from 0.5 percent to […]<\/p>\n","protected":false},"author":8,"featured_media":40039,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[16180,18750,18751,18748,18749],"class_list":["post-40038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-budget-2024-25","tag-suzuki-cultus","tag-suzuki-cultus-2024","tag-suzuki-cultus-new-price-in-pakistan","tag-taxes-on-cars-in-pakistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/40038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=40038"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/40038\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/40039"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=40038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=40038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=40038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}