NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / Auto News / Karnataka imposes 10% lifetime tax on high-end EVs: Here's why
    Summarize
    Next Article
    Karnataka imposes 10% lifetime tax on high-end EVs: Here's why
    Mercedes-Benz AMG EQS is one of the most premium offerings for the carmaker in India

    Karnataka imposes 10% lifetime tax on high-end EVs: Here's why

    By Pradnesh Naik
    Mar 10, 2024
    03:40 pm

    What's the story

    The Karnataka government has revealed a new policy that imposes a 10% lifetime tax on high-end electric vehicles (EVs) during registration, according to the Economic Times.

    This decision, which affects electric cars, jeeps, and buses, is designed to boost state revenue and regulate the expanding EV market.

    By 2030, the state government anticipates around 23 lakh electric vehicles in Bengaluru, a significant jump from the current 80,000.

    New amendment

    Additional cess for worker welfare fund

    The Karnataka Motor Vehicles Taxation (Amendment) Act, which was published in the special state gazette after receiving governor's approval, enforces this new tax structure.

    The Act also requires a 3% additional cess on transport vehicles to support the Karnataka Motor Transport and Other Allied Workers Social Security and Welfare Fund.

    This initiative aims to enhance worker welfare within the transportation sector.

    Desperate times

    Stringent measures to combat water crisis in the state

    Separately, in light of the state's severe water crisis, the Karnataka administration has implemented strict measures, including a Rs. 5,000 fine for washing car with potable water.

    The Karnataka Water Supply and Sewerage Board has banned using drinking water for non-essential activities like car washing, construction, and gardening.

    During an emergency meeting earlier this week, Deputy Chief Minister DK Shivakumar stressed the government's dedication to prioritizing irrigation and water management projects.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    Electric Vehicles
    Karnataka

    Latest

    India tests first semi-cryogenic rocket engine powered by electric motor India
    OpenAI to establish world's largest data center in this country Abu Dhabi
    'Param Sundari' teaser leaked: Sidharth Malhotra-Janhvi Kapoor are fire together  Dinesh Vijan
    AI to consume 50% of data center power by year-end Artificial Intelligence and Machine Learning

    Electric Vehicles

    Alfa Romeo teases its first-ever EV: Know all about Milano Alfa Romeo
    BMW iX1 to get radical makeover with Neue Klasse platform BMW
    New-generation Jeep Compass to get electric powertrain in India Jeep
    Kinetic E-Luna moped's bookings open, launch next month Electric Vehicles in India

    Karnataka

    Karnataka: School headmistress suspended after romantic photoshoot with student Education
    Karnataka: BJP MP's brother arrested for cutting trees worth crores Parliament
    Karnataka sculptor's Ram statue to be installed in Ayodhya temple Ram Mandir
    Secluded beaches of India to visit on your next vacay Travel And Tourism
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025