Punjab registers vehicles worth over Rs80 billion in 2021

Punjab registers vehicles worth over Rs80 billion in 2021

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Lahore: The value of vehicles and other vehicles registered in Punjab in 2021 is more than 80 billion. The revenue of the automotive branch in this year exceeded 80 billion rupees.

More than 80 billion rupees were used to purchase more than 14.46 million motorcycles, cars and other vehicles in Punjab, of which 700,000 were in Lahore alone.

In the whole year, 105,893 cars were registered, more than 53,000 other vehicles, and 1.286 million motorcycles.

In Lahore alone, more than 65,000 cars, more than 600,000 motorcycles and more than 25,000 other vehicles were registered during the review period.

The registration department of the excise tax department also earned more than 8.33 billion rupees in revenue. In Lahore alone, the sector has earned more than 5 billion rupees in revenue.

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