According to Budget for 2019-2020 owners of motorcycles and cars across Pakistan will be obliged to pay life time & annual token tax on their vehicle.
The token tax will vary as per the capacity of the engine. All motorcycles and cars upto 1000 cc will be charged life time token tax while vehicles above 1000 cc will be charged token tax each year.
The details of these token taxes which were revealed in the Budget 2019-2020 are as follows:
Vehicle Type | Tax (Rs.) |
---|---|
Motorcycles up to 200 cc | 1,000 |
Motorcycles (201 cc – 400 cc) | 2,000 |
Motorcycles above 400 cc | 5,000 |
Cars up to 1000 cc | 10,000 |
Cars (1001 cc – 1300 cc) | 1,500/year |
Cars (1301 cc – 1500 cc) | 4,000/year |
Cars (1501 cc – 2000 cc) | 5,000/year |
Cars (2001 cc – 2500 cc) | 8,000/year |
Cars above 2500 cc | 12,000/year |
June 14, 2019