Suzuki Alto Token Tax Rate Update for November 2023 in Punjab

11:39 PM | 29 Nov, 2023
Suzuki Alto Token Tax Rate Update for November 2023 in Punjab

LAHORE - Due to the high cost of gas, the Suzuki Alto has become a popular vehicle in Pakistan, particularly in Punjab, due to to its appealing appearance and fuel economy.

The availability of components, low maintenance costs, and a broad service network throughout Pakistan are some of the other factors driving growing demand for it there.

In addition to taxes, you must make other mandatory payments to the government when you purchase a new car. Token tax is one of these taxes as well.

The collection of numerous taxes and charges, including the motor vehicle token tax, is the responsibility of Punjab's Excise, Taxation, and Narcotics Control Department.

For cars with engines under 1000cc, the excise receives a token tax once, while for cars with engines over 1000cc, it receives a token tax annually.

Token Tax on Suzuki Alto in Punjab

Due to the 3-cylinder, 660cc engine of the new Suzuki Alto, owners must pay a one-time fee to the excise department.

In response to the token tax on each Alto unit, it gets Rs. 15,000 once.

Daily Pakistan Global Web Desk


Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91


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