Islamabad Vehicle Token Tax: Finance Act 2026 Rates and Categories
The federal Act replaces ICT vehicle schedules. Private motor vehicles, cabs, public-service and loading vehicles need separate classifications.
Overview
The federal Act replaces ICT vehicle schedules. Private motor vehicles, cabs, public-service and loading vehicles need separate classifications.
Article Summary
The federal Act replaces ICT vehicle schedules. Private motor vehicles, cabs, public-service and loading vehicles need separate classifications.
Author: MUHAMMAD MUTTHE UR REHMAN · Published: 22 June 2026 · Last updated: 14 October 2026
Full Article
A 1,500cc private motor vehicle with an invoice value of Rs. 4 million produces an annual base calculation of Rs. 10,000 at 0.25%. That example uses the ICT motor-vehicle table; it is not the Punjab token-tax schedule.
Private motor-vehicle table
Up to 1,000cc: Rs. 20,000 lifetime tax. The 1,001–1,300cc, 1,301–1,500cc and 1,501–2,000cc categories each use 0.25% of invoice value annually. The 2,001–2,500cc and above-2,500cc categories use 0.35% annually.
Commercial use changes the table
Motor cabs have separate annual amounts from Rs. 600 to Rs. 4,200 by engine category. Public-service vehicles use listed per-seat annual amounts. Loading/commercial vehicles use a separate weight-based table. Registration description and licensed use therefore matter.
Before paying
Confirm ICT jurisdiction, vehicle category, engine capacity, invoice value and any outstanding periods with the registration authority. Other taxes or arrears shown on a demand should be identified separately. Do not apply an invoice-value example to a cab merely because its engine capacity matches.
Source and scope
Finance Act 2026, official FBR gazette, PDF pages 2-3. Text reviewed on 14 October 2026. This explains the enacted amendment; a notification-dependent procedure must be checked separately before use.
Quick Answer and Process
The federal Act replaces ICT vehicle schedules. Private motor vehicles, cabs, public-service and loading vehicles need separate classifications.
Related Learning Paths
All Tax Guides | Related Services | Tax Calculators | Income Tax Return Filing | Business Tax Return Support | Ask a Consultant | RDA Tax Exemptions after Finance Act 2026: Account and Income Conditions | Shipping Returns under Section 143: One Vessel, One Responsible Return | Petroleum and Climate Levy Compliance: Correcting the Finance Act Attribution | Tax ADR and Audit Changes: Rectification, Reconstitution and Re-audit | Sales Tax Exemptions and EV Relief: Sixth versus Eighth Schedule
About AM Tax and Corporate Hub
Article author: MUHAMMAD MUTTHE UR REHMAN. Published: 22 June 2026. Last updated: 14 October 2026.
Office address: Trolly Adda near Khanna Interchange Islamabad Expressway Rawalpindi. Phone and WhatsApp: +92 327 0444011. Email: info@amtaxhub.com.
Confirm the applicable rules, source publication dates and current requirements before relying on this information.