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Welcome to   ALL ABOUT CARS   Best Place to be                        Note : Honda & Toyota Increase Its Prices Yet Again…   Stay SAFE Stay At Home

The Good News is that after 850cc, 1000cc cars are becoming more affordable as well.

The Good News is that after 850cc, 1000cc cars are becoming more affordable as well.

June 27, 2021 / By Zunair Tahir / News Pakistan

The federal government made vehicles with engines up to 850cc cheaper earlier this month by eliminating the Federal Excise Duty (FED) and lowering the Sales Tax to 12.5 percent from 17 percent. Everyone was ecstatic when they heard the news. Despite this, many people preferred to hear the phrase 1000cc instead than 850cc.

So, what’s this? The government has complied with our request. Shaukat Tarin, the Finance Minister, has announced the continuation of tax exemption for automobiles up to 1000cc, making all domestically built 1000cc cars cheaper.


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Below Down is the List of the Cars that is getting cheaper and we also have to seen its impact of the local Market.

660cc – 800cc Cars

  • Suzuki Ravi
  • Suzuki Bolan
  • Prince Pearl
  • United Bravo
  • Suzuki Alto

1000cc Cars

  • Suzuki Cultus
  • Suzuki Wagon R
  • kia Pianto
  • United Alpha

What Will be the impact these Cars are Getting Cheaper

Because the middle class can only afford automobiles up to 1000cc, this tax relief will undoubtedly have a big influence on the local automotive market. The government has lowered automobile costs in a budget for the first time in Pakistan’s history.

Consumer purchasing power will rise as a result of the effort, as will automobile sales in the country. The government, on the other hand, has not proposed any tax relief for imported automobiles, indicating that it is focused on the domestic auto sector and encouraging people to buy local vehicles.

What are your thoughts on this news? On a scale of one to ten, how pleased are you with this big tax cut? Let us know what you think in the comments area.

When Will Automobiles Become More Affordable to Consumers?

Okay, so the government has enacted the Fiscal Budget 2021-22, which includes lower taxes on automobiles with engines under 1000cc. But the real question is when prices will start to fall. And the response is July 1st, 2021.

The budget has been considered and approved by the government in the National Assembly. It will be deployed in the beginning of next month. From July 1st onwards, the revised pricing will be in effect.

In the meanwhile, customers who get automobiles this month will be charged the existing price. If the invoice for the car has been issued, the buyer must pay the current price. There’s no getting around it.


The number of vehicles imported by automakers has increased by 83%

The number of vehicles imported by automakers has increased by 83%

June 23, 2021 / By Zunair Tahir / News Pakistan

According to data released by the Pakistan Bureau of Statistics (PBS), car imports surged by 83 percent in the first 11 months of fiscal year 2020-21.

According to the study, auto-industry imports totaled $2.624 billion in the first eleven months of FY 2020-21, compared to $1.431 billion in the first eleven months of FY 2019-20.

The value of CKD/SKD car imports in this year was $2.180 billion, up 86.72 percent from the previous year. CBU imports grew by 81.29 percent, with a value of $336.941 million compared to $185.861 million previous year.


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According to industry observers, the recent flood of new cars may have caused such a huge spike in the value and volume of vehicle imports. In the previous year, almost two dozen new cars were released to the Pakistani market, the majority of which are SUVs, but virtually all of them cost more than PKR. 4 million.

The government is turning its attention to encouraging the sale and purchase of smaller, more environmentally friendly automobiles in order to decrease the high import bill.

The All Pakistan Motor Dealers Association (APMDA), on the other hand, is advocating for a change of the import rules to encourage car imports. H.M. Shehzad, the Chairman of the APMDA, wrote to the Ministry of Finance (MOF) around two weeks ago to suggest modifications to the new car policy that would take effect after the presentation of the 2021-22 budget.


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He went on to say that the newcomers are also raising costs, delaying car deliveries, and “fleecing the consumers in the form of Own-Money” for early deliveries of their automobiles.

Shehzad proposed that the government encourage the import of automobiles into Pakistan to promote healthy competition in the market and to raise the quality standards of current automakers.

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