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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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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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Punjab Government Proposes 99% Token Tax Concession for EVs

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