cars
New Duty Changes Proposed for These Vehicles in Budget 2026-27
Key takeaways
- Earlier, we reported that the government has proposed applying Federal Excise Duty (FED) on luxury electric vehicles (EVs) priced above Rs 2 crore under Budget 2026-27.
- However, luxury EVs are not the only category covered under the proposed FED changes.
- Since FED already applies to all these vehicle categories, the announcement appears to indicate a revised or increase in the FED.
Why this matters: an automotive development that could shape industry direction or buying decisions.
Earlier, we reported that the government has proposed applying Federal Excise Duty (FED) on luxury electric vehicles (EVs) priced above Rs 2 crore under Budget 2026-27.
However, luxury EVs are not the only category covered under the proposed FED changes. The government has also announced a revision in FED for the following vehicles:
Since FED already applies to all these vehicle categories, the announcement appears to indicate a revised or increase in the FED.
Article preview — originally published by PakWheels Blog. Full story at the source.
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