In car prices 2 More than Rs. 1 lakh has been deducted

Islam Abad (94 news) The federal government has raised car prices 48 Thousand 2 hundred thousand 24 Has reduced to thousands of rupees.

According to details, the federal budget applied the reduction of federal excise duty and sales tax to reduce vehicle prices, followed by vehicle prices. 48 Thousand 2 hundred thousand 24 Thousands of rupees were reduced.
Vehicle makers will soon issue new prices notification in terms of tax reduction. The federal government 660 CC 1000 Sales tax rate on cars up to CC 17 Less than one percent 12.5 Fixed per cent while on the vehicles up to a thousand cc 2.5 The percentage of federal excise duty was also eliminated 660 CC 1000 In the cost of cars up to CC 88 A thousand to a thousand 21 There will be a decrease of up to thousands of rupees.

According to media reports, the federal government has over one thousand cc and 2000 Federal Excise Duty Rate on CCs up to CC 5 Reduce from percent to 2.5 percent, but the sales tax rate on this category vehicles was maintained by 17 percent, more than one thousand cc and 2000 In the cost of cars up to CC 48 A thousand to a thousand 28 There will be a reduction of up to thousands of rupees. 2000 More than cc and 3000 Withholding tax rates on CC and more vehicles 7.5 Less than one percent 2.5 The percentage of the category vehicles was priced at one lakh 60 Thousand 2 hundred thousand 24 There will be a reduction of up to thousands of rupees. The auto industry also welcomed tax relief with consumers to reduce vehicle prices.