Lahore: The caretaker Punjab government has significantly increased the ownership change fee for motorcycles and vehicles, the ownership change fee for motorcycles and scooters has been increased from Rs. 150 to Rs. Change of ownership fee from 1001 to 1800 cc has been increased from 2 thousand to 5 thousand rupees. Now all payments can be done through bank or telecom channel. The new computerized application for payments will be launched in a phased manner from Monday, September 11.
The excise fee 2023 on the registration of automobiles with a displacement of more than 2000 cc has been raised in the forthcoming budget 2023–24. A fixed tax of 6% was levied on the value of 2500 cc vehicles starting in 2001 in the forthcoming budget. Excise official will personally go to owner for vehicle registration, original file of vehicle and smart card will be delivered to owner’s home. This facility was not available in the previous system of excise department, the old system of vehicle registration has been replaced after 18 years which is more reliable, citizens will have all these facilities in excise offices also.
Punjab Vehicle Registration Card Online Apply
The tax on registering 2500 cc automobiles used to be Rs 1.5 lakh for filers and Rs 3 lakh for non-filers starting in 2001. A fixed fee of 8% has been imposed in the budget on the registration of automobiles with displacements between 2501 and 3000 cc. The tax on registration of 2501–3000 cc automobiles used to be Rs 2 lakh for filers and Rs 4 lakh for non–filers.
Online registration of vehicles in Punjab
Punjab has established the Punjab Vehicle Registration Card/Smart Card for Vehicles (Cars, Bikes, etc.). To replace the current registration system designed to help residents, all car owners in Punjab will have a car Registration Card or Digital Vehicle Smart Card. For the registration of automobiles, the Excise and Taxation Department has begun issuing new digital smart cards. After the registration book of books is closed, Punjab will implement vehicle registration cards.
Cost of Vehicle Registration Card / Smart Card
The price of the Smart Card is Rs 520, and it has a five-year expiration date. The car registration card would include information like the owner’s name, CNIC information, chassis number, registration number, date of registration, engine number, previous registration, token tax expiration date, number of cylinders, type of body, maker’s name, class of vehicle, unladen weight, reg laden weight, tyre size, front axle, rear axle, other axles, year of manufacture, seating capacity, horsepower/CC, and assessed annual tax.
How to get a Vehicle Registration Card
Owners of vehicles will have Smart Cards, new licence plates, and universal numbers under the new system of vehicle registration. Once you have paid the necessary costs, all you need to do is go to the Excise office to get your card. On January 1, 2021, all records will be accessible online, and all car registrations will take place on the same day.
The registration fee for vehicles from 1501cc to 2000cc has been reduced by one percent, the registration fee for vehicles from 1501cc to 2000cc has been reduced from 3% to 2%, for vehicles of 2001cc and more power. New wood holding tax has been implemented on new registration, transfer.