ISLAMABAD (Kashmir English): Big changes are coming for vehicle owners in the capital as Islamabad vehicle transfer fees are to double from this year. Starting April 14th this year, it’s going to cost significantly more to transfer ownership of your car, bike or electric vehicle when you buy or sell it.
If you own a regular petrol or diesel car, brace yourself; the government has doubled the fees overnight. What used to be a relatively small charge is now becoming a much heavier hit to your wallet.
Small cars with engines under 1,000cc will now pay 2,750 rupees instead of 1,200. Medium-sized cars (1000cc to 1800cc) will cost 5,500 rupees to transfer, up from 2,000. Larger vehicles above 1800cc will see the biggest jump, from 3,000 to 11,000 rupees.
Electric vehicles, which previously didn’t have any transfer fees, will now be charged, too. Smaller EVs with power under 50KW will pay 2,500 rupees, while more powerful models could cost up to 10,000 rupees to transfer.
Motorbike owners will also pay more. The fee for smaller bikes (under 200cc) rises from 150 to 550 rupees. Bigger bikes between 200cc and 400cc will cost 1,000 rupees, up from 150. The largest motorcycles will now have a 1,500-rupee transfer fee.
The Chief Commissioner’s office approved these changes under existing vehicle laws. Government officials explain that the fee increases match today’s economic reality and will improve how vehicle registrations are handled.
Every rupee collected from Islamabad vehicle transfer fees will go straight to the government’s accounts under the Finance Ministry’s care.
The Islamabad vehicle transfer fee modifications have received mixed reactions from different groups of people. The new high fees for vehicle usage have led many owners to express their frustration, including electric car owners who previously escaped these costs altogether.
