Thursday, September 19, 2024
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KIA Sportage Price Update After Tax Hike In Pakistan

The KIA Sportage, a top-selling compact SUV in Pakistan, continues to capture attention despite its average design with KIA Sportage Price Update After Tax Hike In Pakistan. Introduced by Lucky Motor Corporation, it became the first locally assembled all-wheel-drive (AWD) vehicle. The SUV stands out with its cutting-edge safety features, making it a strong competitor in the market.

Key Features of the KIA Sportage

The KIA Sportage offers essential safety features such as forward collision warning, automatic emergency braking, lane departure warning, and blind-spot monitoring. Additionally, it provides dual-zone automatic climate control, power-adjustable seats, and a panoramic sunroof. These features set it apart from its rivals and cater to consumers seeking comfort and convenience.

New Tax Policy Impact

This year’s budget introduced a significant change in Pakistan’s tax policy. The government changed the Withholding Tax (WHT) calculation from engine size to a percentage of the vehicle’s invoice value. Filers are now required to pay 2%, while non-filers face a 6% tax rate.

The following table outlines the updated KIA Sportage Price Update After Tax Hike In Pakistan, including the new taxes for both filers and non-filers:

Price Update Kia Sportage AWD Kia Sportage Black
New Price Rs 8,920,000 Rs 9,650,000
Tax (Filers) Rs 178,400 Rs 193,000
Total Price (Filers) Rs 9,098,400 Rs 9,843,000
Tax (Non-Filers) Rs 535,200 Rs 579,000
Total Price (Non-Filers) Rs 9,455,200 Rs 10,229,000

The new policy impacts the cost significantly, particularly for non-filers. Customers should consider these updated rates when purchasing the KIA Sportage. Stay tuned for more information.

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