{"id":109528,"date":"2026-06-12T14:54:06","date_gmt":"2026-06-12T14:54:06","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/federal-budget-proposes-higher-taxes-on-imported-luxury-vehicles\/"},"modified":"2026-06-12T14:54:06","modified_gmt":"2026-06-12T14:54:06","slug":"federal-budget-proposes-higher-taxes-on-imported-luxury-vehicles","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/federal-budget-proposes-higher-taxes-on-imported-luxury-vehicles\/","title":{"rendered":"Federal budget proposes higher taxes on imported luxury vehicles"},"content":{"rendered":"
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ISLAMABAD: The government has proposed new tax measures targeting imported luxury vehicles and SUVs<\/a> as part of its upcoming budget, aiming to increase revenue from high-end automobiles, official documents showed.<\/p>\n

Under the proposal, a Federal Excise Duty (FED) would be imposed on imported vehicles and SUVs with engine capacities ranging from 2,000cc to 3,000cc.<\/p>\n

The budget also suggests a higher tax rate for imported vehicles with engine capacities above 3,000cc, further tightening fiscal measures on large-engine automobiles.<\/p>\n

In addition, luxury electric vehicles valued at over Rs20 million would be brought into the tax net under the new proposals.<\/p>\n

Pakistan will maintain existing tax incentives on electric motorcycles, rickshaws and buses, while proposing a reduced sales tax of 1% on imported electric trucks, Finance Minister Muhammad Aurangzeb said during his budget speech.<\/p>\n

The finance minister said the government is continuing its support for the promotion of clean and electric transport by retaining the current concessionary regime for electric two- and three-wheelers as well as electric buses.<\/p>\n

He added that a 1% sales tax facility is being proposed for imported electric trucks as part of efforts to encourage green logistics and transport solutions.<\/p>\n

Aurangzeb also announced that the Federal Excise Duty on business class air travel abroad has been abolished, a move aimed at easing travel-related costs and simplifying taxation in the aviation sector.<\/p>\n

Officials said the move is part of a broader strategy to boost government revenues by increasing taxation on expensive imported vehicles, including SUVs, large cars, and premium electric vehicles.<\/p>\n

More read,\u00a0Pakistan auto sales jump 45% in 11 months, PAMA reports<\/a><\/p>\n

The proposals are expected to be reviewed as part of the budget approval process.<\/p>\n

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ISLAMABAD: The government has proposed new tax measures targeting imported luxury vehicles and SUVs as part of its upcoming budget, aiming to increase revenue from high-end automobiles, official documents showed. Under the proposal, a Federal Excise Duty (FED) would be imposed on imported vehicles and SUVs with engine capacities ranging from 2,000cc to 3,000cc. The […]<\/p>\n","protected":false},"author":2,"featured_media":109529,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/www.bolnews.com\/wp-content\/uploads\/2026\/06\/FotoJet-2026-06-12T190132.756.webp","fifu_image_alt":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-109528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/109528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=109528"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/109528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/109529"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=109528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=109528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=109528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}