Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Sindh to auction ‘inheritable, transferable Premium Number Plates’ for vehicles

byCT Report
03/05/2024
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh government has decided to auction “Premium Number Plates” for vehicles to generate a revenue from the choice number fee mechanism which would be “inheritable and transferable”.

The provincial cabinet meeting chaired by Chief Minister Syed Murad Ali Shah approved several important decisions, including introducing Premium Number Plates for vehicles, allocating Rs1.5 billion for the procurement of an MRI System for Sindh Institute of Urology and Transplantation (SIUT) Sukkur, extending Rangers deployment in Karachi division for another six months, and releasing Rs10.189 billion for the payment of retired civil servants’ dues.

You might also like

KP approves Finance Bill 2026-27 with new taxes, tougher penalties

27/06/2026

Pakistan honored with SCO Business Council leadership for 2027

27/06/2026

The meeting was attended by provincial ministers, advisers, Chief Secretary Asif Hyder Shah, and others.

During the meeting, Sindh Minister of Excise and Taxation Department Sharjeel Memon presented a proposal to the cabinet members to introduce Premium Number Plates for vehicles.

Currently, the department offers three types of number plates, including commercial, non-commercial vehicles and motorcycles.

In the year 2021-22, the department issued a total of 71,645 choice numbers, generating a revenue of Rs44 million from the choice number fee mechanism, according to an official statement.

Memon estimated that if even 10% of the motoring public opt for personalised choice numbers, it could generate a revenue of Rs2 to Rs3 billion per year.

Premium number plates have unique features, such as personalised property that can be inherited, transferable to another vehicle, Computerised National Identity Card-based registration, applicable to any private vehicle, reusable on any vehicle, customisable colour shades for platinum numbers (except prescribed colours), and transferable to another CNIC for a prescribed fee.

There are three categories of premium number plates: Platinum, Gold, and Silver:

‘Platinum’ number plates have a maximum of three characters and a base price of Rs2 million.

‘Gold’ number plates have a maximum of five characters and a base price of Rs1 million

‘Silver’ number plates have a maximum of seven characters and a base price of Rs50,000.

The cabinet approved the proposal, which included auctioning off the choice-based number plates. Additionally, the proposal included bundle offers with up to 30% discounts for families and companies.

In 2020, residents of Sindh had been granted two facilities to register their vehicles with their CNIC number, whereas, the provincial government also launched camera-readable vehicle registration number plates with multiple latest security features.

Related Stories

KP approves Finance Bill 2026-27 with new taxes, tougher penalties

byCT Report
27/06/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Finance Bill for fiscal year 2026-27, introducing significant increases in provincial taxes...

Pakistan honored with SCO Business Council leadership for 2027

byCT Report
27/06/2026

ARACHI: Atif Ikram Shiekh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has attended the Shanghai...

Pakistan, Iran push for rail and road connectivity to unlock bilateral trade

byCT Report
27/06/2026

LAHORE: Pakistan and Iran have agreed to accelerate efforts to improve cross-border transportation networks, with both countries identifying stronger road...

SHC declares FBR officers’ appointment to monitor private business null & void

byCT Report
27/06/2026

KARACHI: The Sindh High Court (SHC) on Saturday declared a Federal Board of Revenue (FBR) office order appointing officers to...

Next Post

PTA considering FBR decision to block mobile SIMs for non-filers

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.