Tax Rebate For Electric Car 2024 Karnataka. Karnataka plans to cut taxes and offer incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars that will be a boost for toyota, a draft. Now, according to the amendment made to the karnataka motor vehicle taxation act 2024, electric vehicles that cost over โน 25 lakh, will be slapped with a lifetime tax of 10 per.
Karnataka transport minister ramalinga reddy had proposed a 20 per cent lifetime tax on new electric vehicles as part of the karnataka motor vehicles taxation (second. The report states that, as per the.