Road Tax Exemption End for EV in Karnataka: The Karnataka government may discontinue 100 percent road tax exemption on electric vehicles. Due to which there can be a difference in the sale of battery operated vehicles in the state. It can be announced in the budget to be presented on July 7 i.e. tomorrow.

If this happens, the prices of electric vehicles will increase in the state, due to which customers will hesitate to buy electric vehicles due to their high cost.

According to a news from Economic Times, in this Congress-ruled state, the government is insisting on increasing the revenue. In the southern states, motor vehicle tax is an important source of revenue generation for the state governments.

In 2016, the Karnataka government had exempted electric vehicles from road tax.

By December 2022, the number of vehicles registered in the state was 2 crore, in which the number of electric vehicles was only 1.5 lakh. In which 61,598 electric vehicles were registered between May 2022 and December 2022. Apart from this, Karnataka became the first state to implement Electric Vehicle and Energy Store Policy in 2017.

Karnataka is the state that collects the highest road tax from non-electric vehicles in the country. In which 13% on vehicles priced below Rs 5 lakh, 14% on vehicles priced between Rs 5-10 lakh, 17% on vehicles priced between Rs 10-20 lakh and above Rs 20 lakh Road tax up to 18% has to be paid on vehicles.

India is among the few countries that support the global EV30@30 campaign. Whose aim is that by 2030, 30 percent of the new vehicles sold in the country should be electric.

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