Suzuki Alto Expected Price in Pakistan After Withholding Tax Increase in Budget 2024-25

Suzuki Alto Price in Pakistan after Budget: The federal government has implemented a new car taxation policy in the 2024–25 budget, taxing cars based on engine size to simplify the tax system and boost revenue.

The new taxes range from 0.5% to 12% of the vehicle’s value, depending on engine size. The Suzuki Alto, the company’s entry-level car, falls into the first segment introduced by the PML-N government.

Suzuki Alto Price in Pakistan

Taxes on cars in Pakistan after Budget 2024–25

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With the new taxes, the government will receive higher revenues, reflecting the true market value of vehicles. The impact on consumers is expected to be lessened for tax filers, who can adjust the tax as an advance.