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Government to Impose Luxury Tax on Cars with Bigger Engines

Finance Bill 2022 is likely to impose a luxury tax on expensive vehicles with high engine capacity in the new fiscal budget (2022-23). Highly-placed officials told ProPakistani that the proposal is to impose a fixed amount of luxury tax on expensive vehicles on an annual basis.

The luxury tax would be imposed on both, imported and locally manufactured high engine capacity vehicles

The purpose of this clause will be to charge some extra tax on people with high earning capacity. The proposal is under discussion of the budget markers and is yet not finalized, officials added.

  • Even a small car is 3 Million which is expensive without Luxury. You call Sportage a luxury vehicle. Tax Landcruiser etc pe lagao na.
    Sadi aam gari b 30 lakh ki hai ab!

  • Look at their luxury, that’s how a fascist govt works. You all should understand that they don’t want to uplift citizens. That’s what you get when you have criminals and beggers in govt.

  • Lol at all the ppl crying now, they used to daily criticize the PTI govt on its policies and tax nets which were imposed to
    ultimately benefit the common man with programs like the sehat card and ehsas. To all the Pakistani awam – enjoy!

  • Jin gariyon ki delivery date april ki thi lakin abhi tak gari nahi mili kia unko bhi tax pay karna paray ga..?

  • A half-cooked news. Neither u cd mention the engine volume nor an estimated amount of Tax so what’s the point of giving such kind of news? 🤔

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