After the reduction in taxes by the government, a reduction in car prices has been announced
The prices of vehicles from 660 cc to 1800 cc have been reduced drastically, new prices of vehicles have been announced.
After the reduction in taxes by the government, the prices of vehicles from 660 cc to 1800 cc have been reduced drastically, new prices of vehicles have been announced. After which Auto Manufacturers has announced new car prices. A 660 cc car has become cheaper by Rs 85,000 to Rs 1,113,000.
The price of one thousand cc has been fixed at Rs. 15 lakh 30 thousand, one thousand cc has become cheaper by one lakh 10 thousand. After the reduction in taxes, 1300 cc car became cheaper by Rs 48,000, after which the price of 1300 cc car has come down to Rs 1.972 million.
Similarly, the price of a 1500 cc car has been fixed at Rs. 33 lakh 74 thousand as it has become cheaper by Rs. It is to be noted that Khusro Bakhtiar while giving a press conference to the Federal Minister for Information along with Fawad Chaudhry said that last year 415 thousand vehicles were made, we want to increase the demand because this is the largest sector, vehicle prices are low If there is, then the demand increases, so we have reduced the duty on vehicles, after which the price of 660 cc vehicles will be reduced to Rs. 150,000.
He said that the prices of Cultus, City and Toyota vehicles will come down and demand will increase while the increase in demand will create 300,000 new jobs. He said that this year 375,000 jobs will be created by combining cars and motorcycles.
We have increased the upfront payment of vehicles by 20%, we will also reduce its installments next year.
The Federal Minister said that this is a huge sector, it has to take us towards export, the new policy that is coming is based on export and manufacturing. He said, 'Our focus is to improve our vehicles. To be done, the prices of all vehicles in Pakistan have come down.
Our target is to have 500,000 vehicles in Pakistan. This bill has been passed in the cabinet yesterday. When the RO comes, we will apply the new prices, while we will also allow imports in the auto sector.