The government in Pakistan is increasing sales tax by 25% on locally made cars, affecting vehicles priced above Rs4 million or with engines over 1400 cc, including the Toyota Corolla Altis X 1.6 manual.
This decision aims to boost revenue amid economic challenges and IMF demands. Consequently, the price of the Corolla Altis X 1.6 is expected to rise.
The new price will reflect the tax increase, impacting consumers and adding pressure on auto manufacturers already grappling with currency devaluation.
The Corolla Altis X 1.6, known for its stylish design and luxurious features, currently sells at Rs 5,969,000 in Pakistan, but this is likely to change with the tax adjustment by Toyota Indus.
Toyota Corolla Altis X 1.6 Price
In Pakistan, the manual version of the Toyota Corolla is currently priced at Rs 5,969,000.
New Price of Toyota Corolla 1.6 in Pakistan
Toyota Indus will adjust the variant’s price to align with the 25% sales tax increase imposition.