Business

BUDGET 2022-23: How much tax on cars has been increased

BUDGET 2022-23: How much tax on cars has been increased

S.No

Engine Capacity

Tax

(1)

(2)

(3)

1.

Upto 850cc

Rs10,000

2.

851cc to 1000cc

Rs.20,000

3.

1001cc to 1300cc

Rs25,000

4.

1301cc to 1600cc

Rs50,000

5.

1601cc to 1800cc

Rs150,000

6.

1801cc to 2000cc

Rs200,000

7.

2001cc to 2500cc

Rs300,000

8.

2501cc to 3000cc

Rs400,000

9.

Above 3000cc

Rs500,000

RELATED: BUDGET 2022-23: Tax rates for non filers increased by 100%

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Business

Sibtain Ali is a Senior Editor Business at Pakistan Lounge and joined in October 2021. Formerly business editor at a renowned International News website

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