The federal government has announced a significant increase in the transfer fees for vehicles registered in Islamabad, marking a notable revision in rates applicable to both conventional and electric vehicles. The revised fee structure has come into immediate effect, as reported by local media on Monday.
Revised Transfer Fees for Petrol and Diesel Vehicles
According to the new schedule, the transfer fee for vehicles up to 1,000 cc has been increased from Rs 1,200 to Rs 2,750. Vehicles with engine capacities between 1,001 cc and 1,800 cc will now incur a fee of Rs 5,500, up from the previous Rs 2,000. For vehicles exceeding 1,800 cc, the transfer fee has been raised from Rs 3,000 to Rs 11,000.
Introduction of Transfer Fee for Electric Vehicles
For the first time, electric vehicles (EVs) have been brought under the transfer fee regime. The newly imposed charges are categorized based on battery capacity:
- EVs up to 50 kW: Rs 2,500
- EVs from 50 kW to 100 kW: Rs 5,500
- EVs above 100 kW: Rs 10,000
This decision marks the government’s effort to standardize vehicle transfer charges across all categories, including electric mobility.
Revised Transfer Fees for Motorbikes
The updated fee structure also applies to motorcycles. The transfer fee for motorbikes up to 200 cc has increased from Rs 150 to Rs 550. For bikes between 200 cc and 400 cc, the new fee stands at Rs 1,000, while motorbikes exceeding 400 cc will now be charged Rs 1,500.
Payment Procedure
All transfer fees are to be deposited into the designated account of the Ministry of Finance. Vehicle owners and buyers are advised to review the updated fee structure before proceeding with any transfer-related processes.
The increase in transfer fees is part of the government’s broader fiscal strategy and aims to improve revenue collection from the motor vehicle sector.
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