Suzuki Alto, a popular compact car in Pakistan, is well-regarded for its affordability, fuel efficiency, and spaciousness. Since its launch, the vehicle has undergone various updates and facelifts to stay competitive and meet evolving consumer demands.
Features and Specifications
The all-new Alto offers an aerodynamic design with unique lines and curves, giving it a vibrant look. It is a highly efficient performance car featuring a spacious cabin, MP5 touchscreen, and various accessories. The 660 cc vehicle is equipped with safety features such as seat belts, ABS brakes, and airbags, making it an ideal choice for the new generation. The Suzuki Alto is powered by the R-Series three-cylinder petrol engine.
Suzuki Alto Prices in Pakistan
The ex-factory prices of Suzuki Alto are as follows:
- Alto VX: Rs 2,331,000
- Alto VXR: Rs 2,707,000
- Alto VXR-AGS: Rs 2,894,000
- Alto VXL-AGS: Rs 3,045,000
New Withholding Tax on Suzuki Alto
Previously, the Punjab Excise collected a fixed amount of Rs 10,000 from filers and Rs 30,000 from non-filers as withholding tax on vehicles with an engine capacity up to 850cc. However, in the 2024-25 budget, the government has revised the withholding tax to be assessed based on the invoice price. Starting from July 2024, the government will collect 0.5% of the vehicle’s value from filers and 1.5% from non-filers.
Here are the new withholding tax amounts for Suzuki Alto:
- Alto VX:
- Filers: Rs 11,655
- Non-filers: Rs 34,965
- Alto VXR:
- Filers: Rs 13,535
- Non-filers: Rs 40,605
- Alto VXR-AGS:
- Filers: Rs 14,470
- Non-filers: Rs 43,410
- Alto VXL-AGS:
- Filers: Rs 15,225
- Non-filers: Rs 45,675
This change in withholding tax reflects the government’s aim to streamline tax collection and ensure that it is proportional to the vehicle’s value. For Suzuki Alto owners and potential buyers, understanding these new tax implications is crucial for informed purchasing decisions.
Stay updated with the latest automotive news and tax regulations to make the best financial choices when buying your next vehicle.
