US EditionSuzuki Alto, Cultus, Swift Revised Prices in Pakistan After New Green Tax
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Suzuki Alto, Cultus, Swift Revised Prices in Pakistan after New Green Tax
ISLAMABAD – From entry level to high end, almost all cars are expected to become expensive after the Green Tax on petrol and HEV vehicles. Under the proposed 2025-26 budget, a 1% tax will be applied to the ex-factory price of petrol, diesel, and most hybrid vehicles. Green Tax, aimed at encouraging environmentally friendly transport, will apply to all non-electric vehicles—except plug-in hybrids (PHEVs) that offer at least 50 km of electric-only…
Former AKP MP Şamil Tayyar criticized the Special Consumption Tax regulation prepared by the AKP and submitted to the Turkish Grand National Assembly and accepted by the commission on his social media account. Şamil Tayyar wrote, “The Special Consumption Tax bases and rates of motor vehicles are being changed. The proposal passed the commission, will soon be voted on in the General Assembly and will enter into force. The Special Consumption Tax …
The rates and tax bases of motor vehicles have been redefined. AKP member Şamil Tayyar reacted strongly to the tax increase made while economic difficulties continue. The new regulation passed the commission, a parliamentary vote is awaited.
The bill, which includes regulations regarding the economy, was accepted by the TBMM Planning and Budget Committee. The bill changes the Special Consumption Tax (SCT) tax base thresholds and rates for certain fossil fuel-powered and hybrid passenger cars. According to the new regulation, SCT rates determined according to engine cylinder volume and electric motor power will vary between 80 percent and 220 percent. In addition, the first purchase …
The Special Consumption Tax Regulation Was Passed by the Parliamentary Planning and Budget Committee
The bill amending the law on the protection of the value of the Turkish currency, which includes regulations regarding Special Consumption Tax, was accepted by the Parliamentary Planning and Budget Committee.
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