Latest Taxes on Suzuki Alto, Cultus, WagonR, and Swift for filers, non filers

Islamabad ( Pakistan news) In a bid to stabilize the economy and generate additional revenue, Pakistani authorities have introduced significant tax hikes, affecting the automotive sector.

The increased withholding taxes (WHT) and registration fees have particularly impacted the entry-level car segment, including popular Suzuki models such as the Alto, Cultus, WagonR, and Swift.

The new tax structure places a heavier financial burden on buyers, especially non-filers, making car ownership more challenging for middle-class consumers. Here’s a breakdown of the latest prices and associated taxes for these vehicles.

Current Prices of Suzuki Vehicles

Suzuki Alto: Starting from Rs 2,331,000.
Suzuki Cultus: Ranging from Rs 3,858,000 (VXR model) to Rs 4,546,000 (VXL-AGS).
Suzuki Swift: Priced between Rs 4,336,000 (GL variant) and Rs 4,719,000 (GLX-CVT variant).

Tax Comparison for Filers and Non-Filers
Model                       For Filers (PKR)           For Non-Filers (PKR)

Suzuki Alto

Alto VX                      11,655                                34,965
Alto VXR                     13,535                                40,605
Alto VXR-AGS           14,470                                   43,410
Alto VXL-AGS            15,225                                  45,675

Suzuki Cultus

Cultus VXR                  38,580                               115,740
Cultus VXL                    42,440                               127,320
Cultus VXL-AGS           45,460                               136,380

Suzuki Swift

Swift GL                         65,040                             195,120
Swift GL (CVT)                 68,400                             205,200
Swift GLX (CVT)              70,785                               212,355
Swift GLX (Two Tone)        70,785                           212,355

The tax hike is expected to directly affect vehicle affordability, especially for non-filers who face up to three times higher taxes compared to filers. Additionally, resale values of these vehicles may also see fluctuations, creating further challenges for potential buyers.

Industry experts suggest that the government’s strategy is part of a broader plan to tackle inflation and fiscal deficits. However, the increased cost of new vehicles is likely to deter middle-class consumers and further slow down automotive sales in the country.

For many Pakistanis, owning a car has become more difficult due to the escalating prices and tax obligations, casting uncertainty over the future of the automotive market.