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Punjab Government Proposes 99% Token Tax Concession for EVs
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Punjab Government Proposes 99% Token Tax Concession for EVs

PakWheels Blog · Jun 17, 2026, 2:31 PM · Also reported by 2 other sources

Why this matters: an automotive development that could shape industry direction or buying decisions.

The Punjab government has proposed increasing the token tax concession for electric vehicles in the Punjab Budget 2026-27. The announcement was made during the Punjab Assembly budget speech by Punjab Finance Minister Mujtaba Shuja-ur-Rehman. Under the proposal, EVs will now receive a 99% concession

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Also covered by

Pakistan Observer Punjab Budget 2026 proposes Biggest Token Tax Hike for Vehicles above 1000cc ARY News Punjab raises vehicle token tax, revises sales tax rates in major reform

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