Wednesday, January 15, 2025 09:11 AM
The Punjab government has introduced a 10% discount on vehicle token taxes, facilitating easier online payments through the ePay Punjab app, while implementing new ownership transfer policies.
ISLAMABAD – In a significant move aimed at easing the burden on car owners in Punjab, the Excise and Taxation Department has announced a 10 percent discount on vehicle token taxes. This initiative is part of the government’s efforts to streamline tax payments and reduce the hassle of long queues at government offices. With the introduction of the ePay Punjab app, car owners can now pay their token taxes conveniently from home.
The ePay Punjab app allows users to make various tax payments online, including vehicle token taxes. This means that car owners no longer need to spend time waiting in lines at government offices, which can often be a frustrating experience. The 10 percent discount is available until August 30th, making it a limited-time offer that car owners should take advantage of.
In addition to the discount, the provincial government has made amendments to the new token tax policy in the budget for 2024. One important change is that if you transfer ownership of a vehicle with an engine capacity of up to 1000cc, you will be required to pay the full token tax again. This policy aims to ensure that all vehicle owners contribute fairly to the tax system.
The Excise and Taxation Department's initiative to offer a discount on vehicle token taxes through the ePay Punjab app is a welcome relief for car owners in Punjab. It not only simplifies the payment process but also encourages timely tax payments. Car owners are urged to take advantage of this limited-time offer before it expires on August 30th. By utilizing the ePay app, they can save both time and money, making their tax payment experience much more efficient.