Income Tax

The rates of Income Tax on vehicles:

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Engine Capicity

Tokan Tax MVT

Local Vehicles

Income Tax 

Professtional Tax
Filer        Non-Filer
Motor Cycle at time of Registration  1500 ---- ---- 200
Motor Cars 1000 CC 15000 10000 30000 200
1000 to 1199 CC 1800 1500 4500 200
1200 to 1299 CC 1800 1750 5250 200
1300 CC 1800 2500 7500 200
1301 to 1499 CC 6000 2500 7500 200
1500 CC  6000 3750 11250 200
1501 to 1599 CC 9000 3750 11250 200
1600 to 1999 CC 9000 4500 13500 200
2000 CC 9000 10000 30000 200
2001 to 2500 CC 12000 10000 30000 200
2500 above 15000 10000 30000 200

 

Rates of With Holding Tax with effect from 1st July 2023

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With Holding Tax (New Registration)

with effect from 1st July 2023

With Holding Tax (Transfer of Ownership) 

with effect from 1st July 2022

Engine Capacity  Filer      Non filer Filer     Non Filer
up to 850 CC 10,000 30,000 - -
851 to 1000 CC 20,000 60,000 5000 15,000
1001 to 1300 CC  25,000 75,000 7,500 22,500
1301 to 1600 CC 50,000 15,0000 12,500 37,500
1601 to 1800 CC 150,000 450,000 18,750 56,250
1801 to 2000 CC 200,000 600,000 25000 75.000
2001 to 2500 CC 6% of Value 18% of Value 37,500 112,500
2501 to 3000 CC 8% of Value 24% of Value 50,000 150,000
3000 and above 10% of Value 30% of Value 62,500 187,000