With the Federal Budget 2023-24 around the corner, it is expected that prices of Honda CD 70 and Honda 125 motorcycles may rise as the government intends to impose additional taxes to generate more revenue.
The Federal Budget for the next Fiscal Year (FY) 2023-23 with an expected outlay of nearly Rs 14,000 trillion will be presented by the Finance Minister Ishaq Dar at the National Assembly on June 09, 2023.
The reports surfacing on media suggest that new taxes worth Rs 700 billion are in the offing in the budget for the next fiscal year.
It’s most likely that the federal government will announce new taxes especially on imported and luxurious items for greater revenue generation.
In February 2023, the government enhanced the General sales tax (GST) from 17% to 18% on automobiles including motorcycles through a mini-budget.Though the Association of Pakistan Motorcycle Assemblers (APMA) has demanded the government to reduce the GST rate to 15% from the existing 18% in the forthcoming budget; however, no such relief is expected from the government, therefore, the taxes introduced under the mini-budget will remain intact.
In Pakistan, the price of Honda CD 70 currently stands at Rs 154,900 whereas the Honda CG 125 is costing Rs 229,900.
Since, the federal government seems to have no plan to slash the GST rate on automobiles and the rupee value continues to tumble against the US dollar; therefore, the prices of Honda Atlas bikes are likely to soar further following the budget.
Current Price of Honda CD 70 in Pakistan
- Rs 154,900
Honda CD 70 Technical Specifications
Engine | 4-Stroke OHC Air Cooled |
Displacement | 72 cm3 |
Bore & Stroke | 47.0 x 41.4 mm |
Compression Ratio | 9.3:1 |
Clutch | Multiplate Wet Clutch |
Transmission | 4 Speed Constant Mesh |
Starting | Kick Start |
Frame | Backbone Type |
Dimension (LxWxH) | 1897 x 751 x 1014 mm |
Ground Clearance | 136 mm |
Petrol Capacity | 8.5 Liters (Reserve: 1.0 Liter) |
Tire at Front | 2.25 – 17 (4 PR) |
Tire at Back | 2.50 – 17 (4 PR) |
Dry Weight | 82kg |
Current Price of Honda 125 in Pakistan
- Rs 229,900
Honda 125 Technical Specifications
Engine | 4-Stroke OHV Air Cooled |
Bore & Stroke | 56.5 x 49.5 mm |
Starting | Kick Start |
Final Drive | Roller Chain |
Transmission | 4 Speed Constant Mesh |
Dimension (LxWxH) | 1912 x 735 x 1026 mm |
Seat Height | 764 mm |
Ground Clearance | 132 mm |
Petrol Capacity | 9.2 Liters (Reserve: 2.0 Liter) |
Wheel Base | 1204 mm |
Tire at Front | 2.50 – 18 (4 PR) |
Tire at Back | 3.00 – 17 (6 PR) |
Suspension Front | Telescopic Fork 103 mm Travel |
Suspension Back | Swing Arm 68 mm Travel |
Dry Weight | 100kg |
Tags: Honda CD 70 and Honda 125 bike prices