Karnataka withdraws exemption, to slap lifetime tax on EVs, except two-wheelers
Karnataka withdraws exemption, to slap lifetime tax on EVs, except two-wheelers
The Karnataka government has withdrawn the exemption from lifetime road tax for a range of electric vehicles (EVs) including cars, jeeps, buses and other private vehicles. The exemption, however, will continue for electric two wheelers.
The cash-strapped government has brought all EVs or battery-operated vehicles under the purview of this tax, which was earlier applicable only for vehicles priced at or above Rs 25 lakh.
