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Yesterday, we received Muhammad Aurangzeb’s 2024-25 budget proposal in the National Assembly. As we told you earlier, the withholding tax on cars will now be charged on the ex-factory price rather than their engine capacity like earlier.
To give you a better idea, we’re starting the series of car prices after the new budget. In the first series write-up, we’re covering the prices of all cars under 660-2,000cc:
Note: These are new WHT of all 660-2,000cc cars as proposed in the budget 2024-25:
Revised WHT Tax on 660-850cc Cars
| Up To 850cc | Current Value | Current Tax | Proposed Tax (%) | Proposed Tax (pkr) | Difference (pkr) | |
|
Alto |
Suzuki Alto VX | 2,331,000.00 | 10,000 | 0.50% | 11655 | 1,655 |
| Suzuki Alto VXR | 2,707,000.00 | 10,000 | 0.50% | 13535 | 3,535 | |
| Suzuki Alto VXR AGS | 2,894,000.00 | 10,000 | 0.50% | 14470 | 4,470 | |
| Suzuki Alto VXL AGS | 3,045,000.00 | 10,000 | 0.50% | 15225 | 5,225 | |
|
Bolan |
Suzuki Bolan VX Euro II | 1,940,000.00 | 10,000 | 0.50% | 9700 | -300 |
| Suzuki Bolan Cargo Van Euro ll | 1,944,000.00 | 10,000 | 0.50% | 9720 | -280 | |
| Ravi | Suzuki Ravi Euro II | 1,856,000.00 | 10,000 | 0.50% | 9280 | -720 |
Revised WHT Tax on 851-1000cc Cars
| 851-1000cc | Current Value | Current Tax | Proposed Tax (%) | Proposed Tax (pkr) | Difference (pkr) | |
|
Suzuki WagonR |
Suzuki Wagon R VXR | 3,214,000 | 20,000 | 1.00% | 32140 | 12,140 |
| Suzuki Wagon R VXL | 3,412,000 | 20,000 | 1.00% | 34120 | 14,120 | |
| Suzuki Wagon R AGS | 3,741,000 | 20,000 | 1.00% | 37410 | 17,410 | |
|
Suzuki Cultus |
Suzuki Cultus VXR | 3,858,000 | 20,000 | 1.00% | 38580 | 18,580 |
| Suzuki Cultus VXL | 4,244,000 | 20,000 | 1.00% | 42440 | 22,440 | |
| Suzuki Cultus Auto Gear Shift | 4,546,000 | 20,000 | 1.00% | 45460 | 25,460 | |
|
Kia Picanto |
KIA Picanto 1.0 MT | 3,600,000 | 20,000 | 1.00% | 36000 | 16,000 |
| KIA Picanto 1.0 AT | 3,850,000 | 20,000 | 1.00% | 38500 | 18,500 | |
|
Changan Karvaan |
Changan Karvaan Base Model 1.0 | 2,779,000 | 20,000 | 1.00% | 27790 | 7,790 |
| Changan Karvaan Plus 1.2 | 2,999,000 | 20,000 | 1.00% | 29990 | 9,990 | |
| Changan M9 | Changan M9 Base Model 1.0 | 2,179,000 | 20,000 | 1.00% | 21790 | 1,790 |
| United Alpha 1.0 Manual | United Alpha 1.0 Manual | 1,849,000 | 20,000 | 1.00% | 18490 | -1,510 |
Revised WHT Tax on 1001-1300cc Cars
| 1001-1300cc | Current Value | Current Tax | Proposed Tax (%) | Proposed Tax (pkr) | Difference (pkr) | |
|
Suzuki Swift |
Suzuki Swift GL Manual | 4,336,000 | 25,000 | 1.50% | 65,040.00 | 40,040 |
| Suzuki Swift GL CVT | 4,560,000 | 25,000 | 1.50% | 68,400.00 | 43,400 | |
| Suzuki Swift GLX CVT | 4,719,000 | 25,000 | 1.50% | 70,785.00 | 45,785 | |
|
Honda City |
Honda City 1.2L M/T | 4,649,000 | 25,000 | 1.50% | 69,735.00 | 44,735 |
| Honda City 1.2L CVT | 4,689,000 | 25,000 | 1.50% | 70,335.00 | 45,335 | |
| Prince K07 | Prince K07 S | 2,669,000 | 25,000 | 1.50% | 40,035.00 | 15,035 |
|
Peugeot 2008 |
Peugeot 2008 Active | 6,600,000 | 25,000 | 1.50% | 99,000.00 | 74,000 |
| Peugeot 2008 Allure | 7,250,000 | 25,000 | 1.50% | 108,750.00 | 83,750 |
Revised WHT Tax on 1301-1600cc Cars
| 1301-1600cc | Current Value | Current Tax | Proposed Tax (%) | Proposed Tax (pkr) | Difference (pkr) | |
|
Toyota Yaris |
Toyota Yaris GLI MT 1.3 | 4,479,000 | 50,000 | 2.00% | 89,580.00 | 39,580 |
| Toyota Yaris ATIV MT 1.3 | 4,730,000 | 50,000 | 2.00% | 94,600.00 | 44,600 | |
| Toyota Yaris GLI CVT 1.3 | 4,760,000 | 50,000 | 2.00% | 95,200.00 | 45,200 | |
| Toyota Yaris ATIV CVT 1.3 | 5,604,000 | 50,000 | 2.00% | 112,080.00 | 62,080 | |
| Toyota Yaris ATIV X CVT 1.5 Beige Interior | 6,255,000 | 50,000 | 2.00% | 125,100.00 | 75,100 | |
| Toyota Yaris ATIV X CVT 1.5 Black Interior | 6,319,000 | 50,000 | 2.00% | 126,380.00 | 76,380 | |
|
Toyota Corolla |
Toyota Corolla Altis X Manual 1.6 | 5,969,000 | 50,000 | 2.00% | 119,380.00 | 69,380 |
| Toyota Corolla Altis 1.6 X CVT-i | 6,559,000 | 50,000 | 2.00% | 131,180.00 | 81,180 | |
| Toyota Corolla Altis 1.6 X CVT-i Special Edition | 7,189,000 | 50,000 | 2.00% | 143,780.00 | 93,780 | |
| Honda BRV | Honda BR-V i-VTEC S | 6,299,000 | 50,000 | 2.00% | 125,980.00 | 75,980 |
|
Honda HR-V |
Honda HR-V VTi | 7,649,000 | 50,000 | 2.00% | 152,980.00 | 102,980 |
| Honda HR-V VTi-S | 7,899,000 | 50,000 | 2.00% | 157,980.00 | 107,980 | |
|
Honda Civic |
Honda Civic Oriel | 8,659,000 | 50,000 | 2.00% | 173,180.00 | 123,180 |
| Honda Civic RS | 9,899,000 | 50,000 | 2.00% | 197,980.00 | 147,980 | |
|
Honda City |
Honda City 1.5L CVT | 5,439,000 | 50,000 | 2.00% | 108,780.00 | 58,780 |
| Honda City 1.5L ASPIRE M/T | 5,649,000 | 50,000 | 2.00% | 112,980.00 | 62,980 | |
| Honda City 1.5L ASPIRE CVT | 5,849,000 | 50,000 | 2.00% | 116,980.00 | 66,980 | |
|
Changan Alsvin |
Changan Alsvin 1.3L MT Comfort | 3,799,000 | 50,000 | 2.00% | 75,980.00 | 25,980 |
| Changan Alsvin 1.5L DCT Comfort | 4,349,000 | 50,000 | 2.00% | 86,980.00 | 36,980 | |
| Changan Alsvin 1.5L DCT Lumiere | 4,549,000 | 50,000 | 2.00% | 90,980.00 | 40,980 | |
|
Changan Oshan X7 |
Changan Oshan X7 Comfort | 7,999,000 | 50,000 | 2.00% | 159,980.00 | 109,980 |
| Changan Oshan X7 FutureSense | 8,549,000 | 50,000 | 2.00% | 170,980.00 | 120,980 | |
|
Haval Jolion |
Haval Jolion 1.5T | 8,028,500 | 50,000 | 2.00% | 160,570.00 | 110,570 |
| Haval Jolion HEV | 9,295,000 | 50,000 | 2.00% | 185,900.00 | 135,900 | |
|
Proton X70 |
Proton X70 Executive AWD | 8,799,000 | 50,000 | 2.00% | 175,980.00 | 125,980 |
| Proton X70 Premium FWD | 9,299,000 | 50,000 | 2.00% | 185,980.00 | 135,980 | |
|
MG HS |
MG HS Excite | 7,199,000 | 50,000 | 2.00% | 143,980.00 | 93,980 |
| MG HS Essence | 8,099,000 | 50,000 | 2.00% | 161,980.00 | 111,980 | |
| KIA Stonic | KIA Stonic EX+ | 4,767,000 | 50,000 | 2.00% | 95,340.00 | 45,340 |
|
Hyundai Santa FE |
Hyundai Santa Fe Smart | 12,990,000 | 50,000 | 2.00% | 259,800.00 | 209,800 |
| Hyundai Santa Fe Signature | 14,699,000 | 50,000 | 2.00% | 293,980.00 | 243,980 | |
|
DFSK Glory 580 |
DFSK Glory 580 1.5 CVT | 5,610,000 | 50,000 | 2.00% | 112,200.00 | 62,200 |
| DFSK Glory 580 Pro | 6,790,000 | 50,000 | 2.00% | 135,800.00 | 85,800 | |
|
Haval H6 |
Haval H6 1.5T | 9,189,990 | 50,000 | 2.00% | 183,799.80 | 133,800 |
| Haval H6 HEV | 11,866,500 | 50,000 | 2.00% | 237,330.00 | 187,330 | |
| MG ZS | MG ZS 1.5L | 4,550,000 | 50,000 | 2.00% | 91,000.00 | 41,000 |
| Chery Tiggo 4 | Chery Tiggo 4 Pro DEX Plus 1.5T | 6,899,000 | 50,000 | 2.00% | 137,980.00 | 87,980 |
| Chery Tiggo 8 | Chery Tiggo 8 Pro 1.6 DEX Plus | 9,550,000 | 50,000 | 2.00% | 191,000.00 | 141,000 |
|
JW Forland |
JW Forland Safari Premium 1.5 DLX | 4,299,000 | 50,000 | 2.00% | 85,980.00 | 35,980 |
| JW Forland Safari Deluxe 1.5 EFI | 4,099,000 | 50,000 | 2.00% | 81,980.00 | 31,980 | |
| JW Forland Safari Comfort 1.5 CL | 3,499,000 | 50,000 | 2.00% | 69,980.00 | 19,980 |
Revised WHT Tax on 1601cc – 1800cc Cars
| 1601cc – 1800cc | Current Value | Current Tax | Proposed Tax (%) | Proposed Tax (pkr) | Difference (pkr) | |
|
Toyota Corolla |
Toyota Corolla Altis Grande X CVT-i 1.8 Beige Interior | 7,509,000 | 150,000 | 3% | 225,270.00 | 75,270 |
| Toyota Corolla Altis Grande X CVT-i 1.8 Black Interior | 7,549,000 | 150,000 | 3% | 226,470.00 | 76,470 | |
|
Toyota Corolla Cross |
Toyota Corolla Cross 1.8 | 8,199,000 | 150,000 | 3% | 245,970.00 | 95,970 |
| Toyota Corolla Cross 1.8 X | 8,899,000 | 150,000 | 3% | 266,970.00 | 116,970 | |
| Toyota Corolla Cross 1.8 HEV | 9,399,000 | 150,000 | 3% | 281,970.00 | 131,970 | |
| Toyota Corolla Cross 1.8 HEV X | 9,849,000 | 150,000 | 3% | 295,470.00 | 145,470 | |
| Hyundai Elantra | Hyundai Elantra GL | 6,399,000 | 150,000 | 3% | 191,970.00 | 41,970 |
Revised WHT Tax on 1801cc to 2000cc Cars
| 1801cc – 2000cc | Current Value | Current Tax | Proposed Tax (%) | Proposed Tax (pkr) | Difference (pkr) | |
| MG HS | MG HS 2.0T AWD | 9,299,000 | 200,000 | 5% | 464,950.00 | 264,950 |
| Haval H6 | Haval H6 2.0T AWD | 10,553,500 | 200,000 | 5% | 527,675.00 | 327,675 |
|
Kia Sportage |
KIA Sportage Alpha | 7,300,000 | 200,000 | 5% | 365,000.00 | 165,000 |
| KIA Sportage FWD | 7,740,000 | 200,000 | 5% | 387,000.00 | 187,000 | |
| KIA Sportage AWD | 8,470,000 | 200,000 | 5% | 423,500.00 | 223,500 | |
| KIA Sportage Black Limited Edition | 9,000,000 | 200,000 | 5% | 450,000.00 | 250,000 | |
| KIA Sportage Clear White Limited Edition | 9,000,000 | 200,000 | 5% | 450,000.00 | 250,000 | |
|
Hyundai Tucson |
Hyundai Tucson FWD A/T GLS | 7,165,000 | 200,000 | 5% | 358,250.00 | 158,250 |
| Hyundai Tucson FWD A/T GLS Sport | 8,030,000 | 200,000 | 5% | 401,500.00 | 201,500 | |
| Hyundai Tucson AWD A/T Ultimate | 8,659,000 | 200,000 | 5% | 432,950.00 | 232,950 | |
| Hyundai Elantra | Hyundai Elantra GLS | 6,930,000 | 200,000 | 5% | 346,500.00 | 146,500 |
| Hyundai Sonata | Hyundai Sonata 2.0 | 9,979,000 | 200,000 | 5% | 498,950.00 | 298,950 |
