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TG Hikes Life Tax on Vehicles, Eyes ₹4,350 Crore Revenue
The New Indian Express Tadepalligudem
|August 15, 2025
Move draws mixed response from prospective buyers and automobile traders
THE state government has increased life tax on types of vehicles, a move that is expected to generate ₹4,350 crore in revenue for the transport department in 2025-26. This is up from the ₹3,996.85 crore it collected in 2024-25.
The new tax rates came into effect on Thursday. The government, however, exempted electric vehicles from life tax with an aim to encourage EV adoption across the state.
While officials view the hike as a revenue-boosting measure, the move has drawn mixed reactions from consumers and the automobile dealers.
Denne historien er fra August 15, 2025-utgaven av The New Indian Express Tadepalligudem.
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FLERE HISTORIER FRA The New Indian Express Tadepalligudem
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