Automotive News

Mini budget ! how much tax on cars?

Mini budget ! how much tax on cars?

December 31, 2021 / By Zunair Tahir / News Pakistan

The Finance Supplementary Bill (Mini Budget) to be introduced in the National Assembly has been approved by the Federal Government.

The government has proposed the following for locally assembled cars:

  • Federal Excuse Duty (FED) on locally assembled cars up to 1000cc to remain 0%
  •  FED increase to 5% from 2.5% on 1001cc to 2000cc cars.
  • FED on cars above 2000cc increase to 10% from 5%

Meanwhile, the FED on CBU cars is as follows:

  • FED on cars up to 1000cc will remain 0%.
  •  FED on cars of 1001cc to 1799cc will increased to 10% from 5%
  • FED on 1800cc to 3000cc cars will increase to 30% from 25%
  • FED on cars above 3000cc increased to 40% from 30%

New taxes have been imposed on vehicles in the mini-budget. The federal government has proposed to impose a tax of Rs 100,000 on vehicles up to 1,000 cc in the mini-budget.

In the mini budget, tax exemptions on various services in Islamabad have been abolished, including the auto industry.
It is proposed to impose 5% tax on cars, automobiles and dealers. Rs. 200,000 for vehicles over 1,000 cc and Rs. 400,000 for vehicles over 2,000 cc.

He said that computers, sewing machines, iodized salt and red pepper would be taxed and the common man would be affected by the tax on a few items including salt and pepper.
Shaukat Tareen said that the tax exemption of Rs. 343 billion has been revised in the bill, the people will not be burdened with taxes. Will grow

It should be noted that during the first five months of the current financial year, car sales in the country have increased by 61%.

According to the Pakistan Automobile Manufacturing Association (PAMA), a representative body of car manufacturers in the country, car sales have increased by 61% in the first five months of the current financial year.

During the first five months of the current financial year (July-November), 90,303 new cars were sold across the country, compared to 55,779 in the same period last year. Thus, the growth rate of car sales has been more than 61%.


Automotive News

Alert for New Car Buyers ! Excise Department has Made an Important Decision

Alert for New Car Buyers ! Excise Department has Made an Important Decision

December 30, 2021 / By Zunair Tahir / News Pakistan

Within 15 days of purchase of the new car of any type the Excise Department took a major decision regarding those who did not register the vehicle within 15 days of the purchase.

According to the details, thousands of vehicles across the province including Lahore are not registered even after several months of purchase due to which the excise department is facing loss. Those who do not register will have to pay Double Token Tax.


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Earlier, those who did not register on time are also being fined Rs 5,000. Due to unregistered vehicles, the people are not taking the fine serious the department has to bear loss of crores annually and are facing loss. Timely registration will increase the excise revenue. Others, including taxes, lose money

The purpose of doubling the token tax is timely registration. Due to unregistered vehicles, there are revenue as well as security concerns as it is difficult to trace a vehicle without number plates involved in crime.

And the crime is increasing day by day and usually the robbers uses the cars that are not registered and cannot be detect on security cameras and crime is increasing day by day so strict decision need to be taken by the excise department.


Automotive News

The Spectacular Arrival of Oshan-X7 Plus SUV

The Spectacular Arrival of Oshan-X7 Plus SUV

December 29, 2021 / By Zunair Tahir / News Pakistan

In Pakistan, Master Changan will introduce the Oshan X7 Plus SUV.

Oshan X7 Plus’s explosive entry against “Fortune” and “Sorrento”

Compared to Oshan X7, “Oshan X7 Plus” looks like a bigger and more powerful vehicle. Right hand drive vehicles will also be manufactured and sold in Pakistan.

Last month, Master Changan Motors Limited (MCML) released several designs of an SUV without revealing its name. However, it became clear that the firm is planning to introduce a new SUV. Finally, the Oshan X7 Plus, the company’s latest product, has been revealed.


Gallery


The Oshan X7 Plus appears to be a more substantial version of the Oshan X7. This SUV will compete with the Toyota Fortuner and the Kia Sorento 3rd Generation due to its overall attractiveness and size.

Pakistan will be the first market outside of China to receive the Oshan X7 Plus, according to the manufacturer. Master Changan also intends to export the RHD version of this SUV from Pakistan to other foreign markets.

The SUV will most likely be available in 5- and 7-seat configurations. It will be powered by a 1.5-liter turbocharged engine from Changan’s newest blue whale series, which generates 178 horsepower and 300 Nm torque and can accelerate from 0 to 100 kilometers per hour in 8.23 seconds.


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Changan also boasts that this beefed-up SUV would have an incredible 14 kilometres per litre in fuel economy. This is comparable to the average fuel consumption of other basic sedans. Other cars being tested by the business include the Hunter double cabin and the UNI-T crossover, both of which are expected to be released in the near future.

The pricing of the Changan Oshan X7 Plus, however, has yet to be revealed. Given its cutting-edge style and features, it’s safe to assume that this SUV will come with a premium price tag.

With a slew of new SUVs set to hit the market in 2021, Pakistan’s SUV market is booming. It would be interesting to see how Changan’s new product does in Pakistan.


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Pakistan is Adopting a new law that will Soon Make Cars Without Airbags Illegal.

Pakistan is Adopting a new law that will Soon Make Cars Without Airbags Illegal.

December 28, 2021 / By Zunair Tahir / News Pakistan

The most popular automobiles in Pakistan lack a key safety feature: Airbags.

The federal cabinet has approved the Automotive Industry Development and Export Plan (AIDEP) 2021-2026, which would safeguard Pakistan’s automotive industry’s safety and development.

From June 30, 2022, all automobiles must comply with the WP.29 set of safety rules, or car manufactures will be prohibited from selling them.

Honda’s best-selling car, the City, lacks the safety function. The top-of-the-line vehicle costs Rs2.86 million. Honda comes in third place in terms of vehicle sales, after only Suzuki and Toyota.

The Changan Karvaan minivan, which is in the same category as the APV, does not have airbags.

The Engineering Development Board, the auto industry’s governing organization, was ordered by the Lahore High Court in February to guarantee that vehicle producers manufacture automobiles with airbags.

Automobiles that are deficient in basic safety features:

  • Suzuki Cultus (VXR)
  • Suzuki Alto (VX)
  • Suzuki Ravi
  • Suzuki Wagon R (VXR)
  • Suzuki Wagon R (VXL)
  • Suzuki Bolan
  • Changan Karvaan
  • United Alpha
  • United Bravo

Why are airbags important?

Airbags are meant to reduce the severity of an accident. According to research, those without airbags are more likely to suffer serious injuries. This is why they are regarded as a significant characteristic all over the world.

Airbags, on the other hand, are most effective when used in conjunction with seat belts.

It remains to be seen if automakers will adhere to these safety criteria in future models, given the considerably larger risks. However, it may take some time for firms to properly apply these restrictions, but it is unquestionably a positive move.

The group, which represents automobile makers known as OEMs (original equipment manufacturers), has been given until March 10 to submit its proposal, according to Ayaz.

According to him, the EDB’s safety feature suggestions would be accepted in the future budget. Following that, automobile firms will be given notice to execute them, including the installation of airbags.

According to reports, PAMA Chairperson Ali Asghar Jamali believes that installing airbags in automobiles will raise car costs in the nation. Jamali is also the President and Chief Executive Officer of IMC Toyota.


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Great News for Pakistani Car Enthusiasts

Great News for Pakistani Car Enthusiasts

December 27, 2021 / By Zunair Tahir / News Pakistan

Lahore: Pak Suzuki Motors has started preparations to introduce new Suzuki Swift in the local market.

The carmaker had shut down the third generation Swift after selling it for more than a decade, after which it plans to launch the fourth generation car in the Pakistani market next year.

Now, according to the details, the fourth generation Swift is finally expected to appear in the Pakistani market in the second half of 2022. According to the report, the fourth generation Swift is expected to have a 1.2 liter engine and the price of the car in the local market will be between 2.5 million to 2.8 million.


It is worth mentioning here that the new Swift that is being promoted in Pakistan was launched in the rest of the world in the 4th generation hatchback Swift 2016 and it has disappeared from the international market this year. It has been criticized that Pak Suzuki has once again managed to maintain its tradition of launching internationally retired models in Pakistan.

Their is a lot of need of small hatchback cars to be launched in Pakistan many big cars manufacture that are producing cars in Pakistan a lot of them have their focus on the SUV Category and other on 4 door saloons but less cars manufacture focus on the small cars.


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New car brands like Changan, Kia, DFSK like these brands all of them mainly focus on hatchback because these cars take a lot of abuse and they are mostly daily driven on roads rough roads small areas so car brands think a lot less of these kind of people.

Lets see the Year 2022 have stored for us and hope that the new year gives good vibes and Pakistan Car Industry will get success and a lot of people car fulfill their dreams.


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Great News for Small Car Buyers In Pakistan

Great News for Small Car Buyers In Pakistan

December 22, 2021 / By Zunair Tahir / News Pakistan

New Auto Policy will be presented in federal cabinet today for approval.

According to the Official news the new auto policy will be presented in federal cabinet today for the approval there are many chances that the new policy will get approved

According to new Policy it Includes proposal for tax exemption on vehicles up to 850 cc, and the additional custom duty may also be removed that is very good news for small car buyers because in Pakistan and the Covid-19 conditions are going on people are disappointed and lack of jobs and
people are in very pain and it will be great relief for the people and good news for the people of Pakistan
.


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It is proposed to abolish excise duty on locally manufactured vehicles and also to abolish withholding tax on small vehicles. It will also be proposed to apply tax exemption on small imported vehicles.

Under the new auto policy, the export target for vehicles will be set with a proposal to revise the tax exemption on imported vehicles every year.

Car manufacturers will be given a target of 10% exports by 2026, according to which car companies will export 2% of vehicles next year, while in 2024 4% and in 2025, 7% of vehicles will be targeted.

Measures to increase exports of vehicles and spare parts are also proposed, under which the Ministry of Commerce will be entrusted with the responsibility of negotiating with foreign countries, and tax incentives for exports of vehicles and spare parts will also be proposed.


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Now U Will Get Cheap Cars ! Chinese Company Great Announcement For Pakistani


Automotive News

Now U Will Get Cheap Cars ! Chinese Company Great Announcement For Pakistani

Now U Will Get Cheap Cars ! Chinese Company Great Announcement For Pakistani

December 16, 2021 / By Zunair Tahir / News Pakistan

The Chinese company has finally announced to set up a plant in Pakistan, according to which the Chinese company Cherry Automobile in collaboration with Gandhara Nissan is setting up a vehicle manufacturing plant at Karachi Port Qasim.

People of Pakistan will be getting Cheap Chinese Cars to be Manufacture in Pakistan by the Plants that will be placed in Karachi at Port Qasim.


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Gandhara Nissan will invest more than کروڑ 10 million in the first four years. Cherry Pakistan will start operations with an initial dealership network of 8 dealers across the country and a production capacity of 16,000 units per annum. It will be increased to 32,000 units.

Sales of locally manufactured vehicles “Protego 8” and “Protego 4” in Pakistan are expected to start in FY 2021-22, compared to SUVs of other companies in Pakistan. The price of the Chinese company’s SUV has come down drastically.


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MG GT Available for Test Drive

MG GT Available for Test Drive

December 11, 2021 / By Zunair Tahir / News Pakistan

Morris Garages (MG) Pakistan has gotten a lot of press for showcasing GT at Lahore’s Packages Mall. Car aficionados and onlookers have praised its design and appearance, and are now eagerly anticipating its arrival in Pakistan.

The corporation is providing an opportunity to test drive the vehicle. Its social media post encourages people to snap photographs with the car and share them with the hashtag ‘The Next MG’ on their social media pages. The business will submit these people’s names into a fortunate lottery, with the winner receiving a test drive of the automobile.


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MG GT

In Pakistan, the MG GT competes against the Toyota Corolla, Honda Civic, and Hyundai Elantra in the C-Segment sedan segment. The yellow MG GT at Packages Mall is a left-hand drive import with a 1.5-liter naturally aspirated motor that develops 118 horsepower (hp) and 155 Newton-meters (Nm) of torque and is coupled to an automatic transmission that transmits power to the front wheels. According to rumours, a turbo-version will also be available.


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BAIC Starts Pre-Booking of BJ40

BAIC Starts Pre-Booking of BJ40

November 25, 2021 / By Zunair Tahir / News Pakistan

Objects aren’t necessary; adventures are. The BAIC BJ40 Plus is the ideal blend of flair, athletic design, and driving enjoyment.

ABOUT BAIC

BAIC is a Chinese state-owned enterprise and holding company of several automobile and machine manufacturers located in Beijing, China.

Sazgar Engineering Works has joined hands with BAIC to assemble Hatchbacks, Sedans, Cross overs and SUVs in Pakistan.


Booking starts for pre-booking, please click:


Note:

Book today for an early Discount of PKR 200,000 (only applicable till December 10, 2021)


Authorized BAIC Dealers


MG Logo
Automotive News

Mahira Khan is welcomed to the MG Club by Javed Afridi.

Mahira Khan is welcomed to the MG Club by Javed Afridi.

August 7, 2021 / By Zunair Tahir / Blogs Pakistan

As we all know MG (Morris Garage ) a well known Car Manufacture in UK and very well and popular in Pakistan due to its Famous Cars in Pakistan. As the Javed Afridi who helped MG (Morris Garage) a British car Manufacture to Pakistan.


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Mahira khan as we all know her she is Multi-talented Star who made her Bollywood Debut with Shah Rukh Khan in the Film the Raees Actress The Raees star can be seen wearing an elegant pilot dress and bold red lipstick while flaunting her beauty around the upcoming car model, MG 5.

As we all saw the Javed Afridi Yesterday Instagram Post he Welcomes the Famous Actress Mahira khan to the MG Club and also share a Video as she Pilot in the New video for the Upcoming MG Model MG5.Javed Afridi had previously tweeted a video of the new car MG5 and invited his followers to recommend a price for it.

Javed Afridi Previously also Share the MG8 but fans and the buyers are a little disappointed with the Behavior of the MG Workers in the Showrooms as they have deposited the money and Book new car but Cars are not yet deliver to the Owners and people are also waiting for the must waited MG3 as it is very good looking and less expensive then other cars brand like Toyota, Honda, Proton, DFSK etc.


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