Suzuki Alto Price in Pakistan after Budget: Federal government has introduced a new car taxation policy in Budget 2024-25, imposing tax based solely on engine size. This change aims to simplify the tax system and increase tax revenue.
The new taxes range from 0.5pc to 12pc of the vehicle value, depending on the engine size. Suzuki Alto, being the company’s entry level car, lies in first segment introduced by PML-N government.
Suzuki Alto Price in Pakistan
| Car Engine | Less than 850cc |
| Old Price | Rs2,331,000 |
| Old Tax | Rs10,000 |
| New Proposed Rate | 0.50percent |
| New Tax Rate | Rs12,500 |
| New Car Price | Rs2,342,655 |
Taxes on Cars in Pakistan after Budget 2024-25
With above mentioned taxes, the government will get higher taxes reflecting the true market value of their vehicles. The impact on consumers is expected to be mitigated for tax filers who can adjust the tax as an advance.
