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Suzuki Cultus Expected Price in Pakistan Post-Budget 2024-25

Suzuki Cultus Expected Price in Pakistan Post-Budget 2024-25

Suzuki Cultus Expected Price in Pakistan Post-Budget 2024-25

Suzuki Cultus Expected Price in Pakistan Post-Budget 2024-25

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  • Suzuki Cultus price in Pakistan is set to change due to the new car taxation policy.
  • Tax rates for vehicles now range from 0.5% to 12%, based on engine size.
  • Government to gain more revenue with updated tax rates.
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The price of Suzuki Cultus in Pakistan is expected to change following the new car taxation policy introduced in Budget 2024-25, aimed at increasing tax revenue.

The updated tax rates vary from 0.5% to 12% based on the vehicle’s engine size. Suzuki Cultus, a renowned hatchback from the country’s oldest automaker, falls within the 850-1000cc car category.

The revised tax rates will lead to increased taxes for consumers, aligning with the actual market value of their vehicles. Nevertheless, tax filers have the option to adjust the tax as an advance payment, potentially reducing its impact on them.

Suzuki Cultus Price in Pakistan 2024

Car Engine1000cc
Old TaxRs20,000
New TaxRs38,580
New Proposed Rate1percent
Tax DiffRs18,580
New Car PriceRs3,876,580

Taxes on Cars in Pakistan after Budget 2024-25

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Engine Size (cc)Tax Rate (%)
Up to 8500.5
851 to 10001
1001 to 13001.5
1301 to 16002
1601 to 18003
1801 to 20005
2001 to 25007
2501 to 30009
Above 300012

The new tax rates will generate higher revenue for the government, reflecting the accurate market value of vehicles. Tax filers, by adjusting taxes in advance, are expected to experience reduced impact on their finances.

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