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Suzuki Cultus Latest Price in Pakistan After Budget 2024–25

Suzuki Cultus Latest Price in Pakistan After Budget 2024–25

Suzuki Cultus Latest Price in Pakistan After Budget 2024–25

Suzuki Cultus latest price in Pakistan for July 2024

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Islamabad: The government’s Budget 2024–25 suggests a significant increase in withholding tax for buying new cars, affecting various engine capacities from under 850 cc to 3000 cc and higher with percentage-based adjustments, not just flat increases.

New tax rates, varying from 0.5% to 12% based on engine size, apply to vehicle values. The Suzuki Cultus, a renowned hatchback from the oldest car maker in the country, falls into the 850-1000cc car category.

The increased tax rates mean consumers will pay more, aligning with their vehicles’ actual market worth. Yet, tax filers can offset this by adjusting it as an advance, lessening 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

Revised Withholding Taxes on Suzuki Cultus 2024

Up To 850ccCurrent ValueCurrent TaxProposed Tax (%)Proposed Tax (pkr)Difference (pkr)
Suzuki CultusSuzuki Cultus VXR3,858,00020,0001.00%3858018,580
Suzuki CultusSuzuki Cultus VXL4,244,00020,0001.00%4244022,440
Suzuki CultusSuzuki Cultus Auto Gear Shift4,546,00020,0001.00%4546025,460

Taxes on Cars in Pakistan after Budget 2024-25

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Pakistan's car market is preparing for significant changes due to new budget....

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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
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