BR100 Increased By (1.37%)
BR30 Increased By (1.27%)
KSE100 Increased By (1.11%)
KSE30 Increased By (1.17%)
AGHA 7.85 Increased By ▲ 0.10 (1.29%)
BECO 5.21 Increased By ▲ 0.02 (0.39%)
BML 58.59 Decreased By ▼ -0.07 (-0.12%)
BOP 34.61 Increased By ▲ 0.92 (2.73%)
CNERGY 10.82 Increased By ▲ 0.21 (1.98%)
CSIL 5.45 Increased By ▲ 0.15 (2.83%)
FCCL 54.75 Increased By ▲ 1.01 (1.88%)
FFL 16.76 Increased By ▲ 0.30 (1.82%)
FNEL 1.22 No Change ▼ 0.00 (0%)
KEL 7.45 Increased By ▲ 0.17 (2.34%)
KOSM 5.70 Increased By ▲ 0.06 (1.06%)
LOTCHEM 29.95 Increased By ▲ 0.30 (1.01%)
MLCF 97.00 Increased By ▲ 0.64 (0.66%)
NBP 206.49 Increased By ▲ 2.96 (1.45%)
NCPL 58.22 Increased By ▲ 1.37 (2.41%)
NPL 69.40 Increased By ▲ 2.09 (3.11%)
OGDC 321.55 Increased By ▲ 3.33 (1.05%)
PACE 10.80 Increased By ▲ 0.17 (1.6%)
PAEL 42.81 Increased By ▲ 1.04 (2.49%)
PIBTL 17.17 Increased By ▲ 0.36 (2.14%)
PPL 223.75 Increased By ▲ 3.58 (1.63%)
PRL 51.90 Increased By ▲ 2.85 (5.81%)
PTC 71.00 Increased By ▲ 0.99 (1.41%)
SSGC 29.64 Increased By ▲ 0.50 (1.72%)
TBL 9.85 Increased By ▲ 0.08 (0.82%)
TELE 9.01 Increased By ▲ 0.19 (2.15%)
TPL 17.50 Increased By ▲ 0.33 (1.92%)
TPLP 13.02 Increased By ▲ 0.51 (4.08%)
TREET 22.94 Increased By ▲ 0.35 (1.55%)
TRG 60.47 Increased By ▲ 0.25 (0.42%)

KARACHI: Sindh Governor Kamran Khan Tessori gave his consent to the Provincial Motor Vehicles (Amendment) Bill, 2026, under Article 116 of the Constitution.

Third-party motor insurance has now been made mandatory in the province after the bill came into effect. Registration and transfer of a vehicle will not be possible without third-party insurance.

Under this amended Motor Vehicles Act-2026, the minimum compensation has been fixed at Rupees 700,000 for the deceased of insured vehicle accidents. In case of permanent disability, the compensation will be up to Rs 500,000. The insurance company will be bound to pay compensation within 45 days.

Copyright Business Recorder, 2026

Comments

200 characters remaining