Centre approves rise in vehicle token tax nationwide

0
166
Centre approves rise in vehicle token tax nationwide

ISLAMABAD, AUG 24: The federal government has decided to increase vehicle token tax across the country following approval of amendments to the West Pakistan Motor Vehicles Ordinance by the federal cabinet.

Under the approved changes, token taxes will be raised for private, commercial and public transport vehicles. In addition, registration and transfer fees may also be revised.

According to the decision, the authority to adjust these fees will lie with the interior ministry.

Officials from the interior ministry explained that token tax rates had remained unchanged since 2019, which had affected the operational efficiency of the Chief Traffic Officer’s office.

The cabinet confirmed the decision taken by the Cabinet Committee for Legislative Cases (CCLC) and gave formal approval for the amendment.