Consequently, the authorities increased the sales tax to 25% on applicable vehicles. Because of this government tax policy, Hyundai Nishat Motor (Private) Limited has revised the ex-factory prices of its vehicles. New Tax Policy Drives the Price HikeThe newly applied 25% sales tax pushes the cost of all premium Hyundai hybrid variants significantly higher. Buyers will now see an average price jump of over 15% across the Elantra, Tucson, and Santa Fe hybrid lineups. If you complete the full payment before the August 31 deadline, the company will protect your booking from the new tentative prices.