Punjab Excise dept collects over Rs13.42b in vehicle taxes, fees

LAHORE: Punjab Excise Department has collected more than Rs13.42 billion in vehicle taxes in the 10 months of the current fiscal year (FY2025), July 2024 to April 2025.

The collections were made in registration, transfer, luxury and token taxes. The amount collected this year is Rs4.13 billion more than the recoveries compared to same time period last year, the Excise dept spokesperson said.

He added that the 103 per cent recovery target was achieved in 10 months of the current financial year.

Moreover, north of Rs 6.32 billion were recovered in registration fees in Lahore, Rs1.35 billion recovered in transfer fees, Rs4 million recovered in luxury tax, and over Rs5.74 billion have been recovered in vehicle token tax.

Also read: FBR grants deadline extension for sales tax, excise filings