Massive Increase Likely in Vehicle Registration Fees
The upcoming Punjab budget for 2025–26 might bring some bad news for people who own cars and motorcycles. The government is planning to increase the registration fees by a large amount.
According to sources, the Excise, Taxation, and Narcotics Control Department has sent in proposals for this price hike. The main reason behind it is to help the government earn more money and to make the registration process more clear and organized.
Proposed Registration Fee Hikes:
Cars up to 1000cc: From Rs. 1,200 to Rs. 5,000
Cars from 1001cc to 1800cc: From Rs. 2,000 to Rs. 11,000
Cars above 1800cc: From Rs. 3,000 to Rs. 22,000
Heavy transport vehicles (HTVs): From Rs. 4,000 to Rs. 11,000
Motorcycle registration fees are also expected to rise, but the exact figures will be revealed when the budget is officially presented.
The proposed hikes have triggered concerns among citizens, with many arguing that buying and owning a vehicle is already expensive. Industry experts fear the move could negatively impact vehicle sales and local manufacturing.
However, officials maintain the decision is necess to tighten financial discipline and curb fake registrations. Final approval will be made during the cabinet meeting and budget session.
