After the increase in general sales tax, Yamaha Motor, one of the firms in Pakistan’s two-wheeler market, announced a price increase for its motorcycles for the second time this year.
The automotive manufacturer raised prices by between Rs3,000 and Rs3,500. On February 21st, the revised prices went into effect.
The current lowest Yamaha Bike YB125Z (Red, Black) Retail price is 308,500 (including of tax).
The National Assembly has approved the Finance (Supplementary) Bill 2023, which states that the general sales tax (GST) rate has been raised to 18%.