08
Mar
Karnataka to impose 3% additional cess on newly registered transport vehicles; lifetime tax on EVs above Rs 25 lakh
Registration of transport/commercial vehicles in Kaataka is set to become more expensive. The Kaataka Motor Vehicle Taxation (Amendment) Act, 2024, received assent from Goveor Thaawarchand Gehlot on March 6. Subsequently, the new legislation was gazetted on March 7. “An additional tax of 3% s...
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