17/04/2024
*Vehicle Tax Rates in Pakistan Tax Year 2024* Understanding vehicle tax rates is crucial for all Pakistani car owners. This guide outlines the different tax categories and their corresponding rates applicable in 2024.
Tax Categories:
Pakistan's vehicle tax system categorizes vehicles for taxation purposes:
Goods Transport Vehicles: Taxed based on laden weight (weight of vehicle and cargo).
Passenger Transport Vehicles: Taxed based on registered seating capacity and air-conditioning presence.
Other Motor Vehicles: Taxed based on engine capacity.
Understanding the Rates:
Goods Transport Vehicles:
Up to 8,119 kg: Rs. 2.50 per kg of laden weight.
Over 8,120 kg (after 10 years from registration): Rs. 1200 annual advance tax.
Passenger Transport Vehicles (per seat per annum):
4-9 Seats (Non-AC): Rs. 200
4-9 Seats (AC): Rs. 375
10-19 Seats (Non-AC): Rs. 500
10-19 Seats (AC): Rs. 750
20+ Seats (Non-AC): Rs. 1000
20+ Seats (AC): Rs. 1500
Other Motor Vehicles (Annual Tax):
Up to 1000cc: Rs. 800
1001cc to 1199cc: Rs. 1500
1200cc to 1299cc: Rs. 1750
1300cc to 1499cc: Rs. 2500
1500cc to 1599cc: Rs. 3750
1600cc to 1999cc: Rs. 4500
2000cc and above: Rs. 10000
Lump Sum Payment Option:
A one-time lump sum payment option exists for other motor vehicles:
Up to 1000cc: Rs. 10,000
1001cc to 1199cc: Rs. 18,000
1200cc to 1299cc: Rs. 20,000
1300cc to 1499cc: Rs. 30,000
1500cc to 1599cc: Rs. 45,000
1600cc to 1999cc: Rs. 60,000
2000cc and above: Rs. 120,000
Remember:
These are the base tax rates as of 2024. Additional taxes or registration fees may apply depending on your province.
Always consult your local taxation authority for the most up-to-date information and any regional variations.
By understanding these categories and rates, you can plan your vehicle tax payments effectively.