MG HS Price in Pakistan Rises by Rs 4.6 Lakh Due to New Taxes

The Government of Pakistan has recently imposed a new withholding tax on vehicles, resulting in a significant price hike for the MG HS model. The base model now costs Rs 8.26 million, while the top-of-the-line 2.0 variant is priced at Rs 9.48 million.

MG Pakistan has officially announced these revised prices, which include a 2% withholding tax. The updated pricing details for different variants are as follows[4][5]:

MG HS Variant	Previous Price (Rs.)	Withholding Tax (2%)	New Price (Rs.)
MG HS Essence	8,099,000	161,980	8,260,980
MG HS 2.0L	9,299,000	185,980	9,484,950
MG HS Excite	7,199,000	143,980	7,342,980

In addition to the new withholding tax, the government has eliminated the 50% discount on hybrid electric vehicles (HEVs), requiring HEV owners to pay full 100% customs duty without exemption.

These fiscal measures are aimed at boosting revenue and revising registration charges based on vehicle invoice prices rather than engine capacity.