• 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.

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

Taxes on Cars in Pakistan after Budget 2024-25

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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.