Meri Gari Scheme was announced by the Government of Pakistan while presenting the 2022 budget. After that his online registration started. The objective of this scheme is that the Government of Pakistan provides facilities to the people of Pakistan.
Here we have given you all the necessary information form regarding this scheme according to which you can apply in it. In 2024, Shaukat Tareen while presenting the budget for the fiscal year explained that the government has decided to abolish customs and regulatory taxes on 850 cc vehicles. Under this scheme, middle-class families can buy local and international vehicles tax-free.
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Finance Minister announced tax exemption on 800 cc cars as well as electric cars. The government has reduced the sales tax on cars from 17% to 12.5%. This brought great convenience to the people. Prime Minister Imran Khan has announced this scheme to make people’s lives easier.
Prime Minster Meri Gari Scheme 2024
In the Meri Gari Scheme, the Government of Pakistan abolished customs and regulatory duties on all vehicles up to 850cc. According to this scheme, advance customs duty has been waived on existing models and new models. This benefited many lower-class people. Now, these people also became eligible to buy their own car very easily, but at the same time, the interest rate was increased from 5% to 6% in Meri Gari Scheme by the Government of Pakistan. According to this scheme, all types of families were able to get the best rides for themselves.
Goal of Mari Gari Scheme
If we know the purpose of bringing this scheme, it was for middle-class people to make their travel easier. These schemes have seen many impacts in the future. Some of the objectives are described below.
- More people can buy cars.
- The trend toward electric cars
- Price reduction of small cars
- To break the BIG-3 chain
Tax-Free Cars Available
850CC cars from all different companies will be tax-free. Due to this many people can easily buy these cars and the economy of Pakistan also improved. Due to the absence of taxes, all the international companies came to Pakistan to set up their maximum units. Due to this, there are more business opportunities in Pakistan. Due to the new companies, many people will get employment opportunities in Pakistan.
How to Meri Gari Scheme Apply Online
Persons having Pakistani citizenship can apply online in this scheme. This scheme has been started by Govt. All teachers and other salaried persons including low-income earners can apply under this scheme. In this, the salaried class can easily get a car. This made it easier for them to travel. Many people are happy with this move by the government.
Application Procedure
The government of Pakistan is making a new policy. In this, more tax exemptions were given for vehicles of 850cc to 1000cc. But currently it is being suggested that the rate of interest should be 5% for 1000 cc vehicles and 6% for larger vehicles. But the new policy was finalized by the end of next month.
Proton Cars Prices in Pakistan 2024
Below you are informed about the price difference of Proton cars in Pakistan so that you can have an idea of the price difference after your scheme. All these details are very useful.
Car Model | Old Price | New Price | Difference |
---|---|---|---|
Saga Ace | PKR 2,225,000 | PKR 2,175,000 | PKR 50,000 |
SAGA STD A/T | PKR 2,125,000 | PKR 2,075,000 | PKR 50,000 |
SAGA STD M/T | PKR 1,975,000 | PKR 1,925,000 | PKR 50,000 |
X70 Execcutive AWD | PKR 4,690,000 | PKR 4,590,000 | PKR 100,000 |
X70 Premium FWD | PKR 4,990,000 | PKR 4,890,000 | PKR 100,000 |
Meri gari scheme 2024 form
Suzuki Wagon R: It is a very popular vehicle in Pakistan which has become very expensive in Pakistan now because of the high sales tax imposed on it. There are three models of this vehicle. Of which their price ranges from 30 lakhs to 35 lakhs. When my car scheme was announced, the price of this car was 1730 thousand, out of which it actually got some price reduction under the scheme, after which its original price was 1621 thousand.
Cults: Cults is one of the most popular cars in the 1,000cc range from Suzhou. The price of this car in Pakistan is now 35 lakh to 41 lakh. The price of the first vehicle was 17 lakh 80 thousand, which was bought for 16 lakh 68 thousand due to this scheme. But now the price is too high. Buying it is no longer within the reach of the common man.
Benefits of Mari Gari Scheme
This new scheme will benefit more people who have very low monthly incomes. Like teachers and other professionals. Due to this scheme they are able to buy a suitable vehicle. In the same scheme, the tax on 800cc and 1000cc vehicles has also been reduced. In this regard, the government of Pakistan is also making a new policy in which the tax on these vehicles will be reduced. It should be 5% on 1000cc vehicles and 6% on larger vehicles. But this policy has not been finalized yet.
Eligibility and Criteria
- Applicant must be at least 20 years old or above.
- This scheme covers 800cc and 1000cc vehicles.
- Must have a driving license.
- The choice of vehicle company can be customized.
- Government and private sector employees can participate in this scheme.
You can get all information about this Mari Gari scheme from here. So far no announcement has been made regarding the registration of this scheme. Through this scheme all Pakistani citizens can easily get cars from 800cc to 1000cc at less than 5% interest rate. You will get a form from the Government of Pakistan online and offline which you can fill and send to apply for this scheme. The scheme requires ID card number, name address, mobile number, license as well as two copies of ID card on the form.
Meri Gari Scheme 2024 Official Website
In this website of ours, you are provided with all the information about Meri Gari scheme online application form procedure, eligibility requirements and installment of this scheme. While presenting the budget in the National Assembly in 2023, the Minister announced that more facilities have been provided to the people coming under this scheme.
Contact information:
Address: Head Office NBP Building, I.I. Chundrigar Road Karachi, Pakistan
Phone:+92 -21- 99220100
Official Website: www.nbp.com.pk
But now in 2024, in the deteriorating situation of the country, it cannot be said that the vehicles will be provided under this scheme. Because currently the country is in debt. Due to which all kinds of subsidies are ending.
Conclusion
Here you are informed about how to apply for Mari Gari scheme and requirements for eligible candidates. The objective of this scheme is to provide vehicles to the middle class people. But till now there is no idea of starting this scheme due to deteriorating situation in Pakistan.
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