ISLAMABAD – A sigh of relief for car owners in Punjab, as Excise and Taxation Department announced 10 percent discount on vehicle token taxes if you use the ePay Punjab app for payment.
The new initiative was announced to help people avoid long queues by handling transactions from the comfort of their home. As per the government ePay app, car owners can make various tax payments online, making it easier to pay your token tax without wasting your time at government offices.
This discount can be availed until August 30th, as this initiative is for limited period of time.
Vehicle Token Tax
The provincial government has made amendment in new token tax policy in budget 2024, and if you transfer ownership of a vehicle with an engine capacity of up to 1000cc, you’ll need to pay the full token tax again.
Annual Token Tax
Lifetime Token Tax
| Description | Previous Amount | New Amount | Discount | Conditions |
| Cars up to 1000cc | Rs. 15,000 | Rs. 20,000 | 10% discount | Transfer within 10 years |
| Cars 1000cc – 2000cc | Based on engine capacity | 0.2% of invoice value | N/A | – |
| Cars over 2000cc | Based on engine capacity | 0.3% of invoice value | N/A | – |
