Mumbai: The Maharashtra government has made a big announcement from July 1, 2025, about the tax on vehicles in the state. The new tax policy has increased tax on luxury vehicles, CNG, Alanji and commercial vehicles. This decision of the state government will have a direct impact on the vehicles to be used in consumer and commercial work. According to the new vehicle tax policy of the state government, now tax on trains will be charged on the basis of their price. 11 percent tax on vehicles up to Rs 10 lakh running on petrol, 12 percent on vehicles up to Rs 10 to 20 lakh and 13 percent tax on cars worth more than Rs 20 lakh will have to be paid. At the same time, this rate for diesel -powered vehicles will be 13, 14 and 15 percent, which is slightly higher than petrol.
Under the new vehicle polic of the Maharashtra government, if a vehicle has been imported from other countries or registered in the name of a company, it will be levied directly 20 percent (one time) tax. This change made by the government will have more impact on commercial use and expensive cars.
Let us know that earlier there was some discount in tax on CNG and Alanji fuel -powered vehicles, but now all these categories of vehicles will also be taxed at 1 percent. This will increase additional burden on environmentally friendly options. However, the government has said that this decision is very important to increase the state’s revenue.
Before this new vehicle policy of the state government, vehicles used in carrying goods or commercial work had to pay tax according to their weight capacity, but now the ex-showroom of this vehicle will be decided on the basis of price. Now 7 percent tax will be charged on these vehicles. As an example, you can understand it like this, if the price of a truck is Rs 10 lakh, then it will now have to pay around 70,0000 tax, which was only Rs 20,000 earlier.
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The thing to note here is that the Maharashtra government has promoted the electric vehicle and kept them out of the new tax policy. However, it was proposed to impose 6 percent tax on EV worth more than Rs 30 lakh, which has not been implemented at present. The state government has said that the aim of the new tax system is to promote the revenue of the state, to ensure transparency in tax collection and simplicity of the system. Through this, the government is taking steps towards collecting tax according to the tax evasion and the price of vehicles.
