Life tax hiked: Shell out more for registration of vehicles

For registration of new vehicles, one has to shell out more from now on.

Published: 10th May 2022 05:44 AM  |   Last Updated: 10th May 2022 05:44 AM   |  A+A-

Signature, office, pen, documents, registration

Image used for representational purpose only. (File | Pexels)

Express News Service

HYDERABAD: For registration of new vehicles, one has to shell out more from now on. The State government has enhanced the life tax on some categories of motor vehicles under the Telangana 
Motor Vehicles Taxation Act, 1963. The State government expects to rake in Rs 1,500 crore additional revenue annually with the increase in life tax. The new tax regime came into force on Monday.

According to the order, the life tax on motorcycles, tricycles, and scooters which are under Rs 50,000 remains unchanged at nine per cent but the vehicles in this category which cost more than Rs 50,000 will attract a 12 per cent life tax. Earlier, life tax for this category too used to be nine per cent. 


India Matters

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.