Pay Extra 3% Tax On New Transport Vehicles, 10% Lifetime Tax On Electric Cars Above Rs 25 Lakh In Bengaluru

The Karnataka Motor Vehicle Taxation (Amendment) Act, 2024, recently signed into law by Governor Thaawarchand Gehlot, introduces significant changes in vehicle taxation. Under the new legislation, a 3% additional cess will be imposed on newly registered transport vehicles, including taxis, buses, and auto-rickshaws. This move aims to fund the Karnataka Motor Transport and Other Allied […]

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