There is a little disappointing news for those who buy EV and CNG cars. Because the government has decided to increase tax on EV and CNG cars. This decision has been taken by the Maharashtra government. EV and CNG cars will become expensive in the coming days in Maharashtra.
The Maharashtra government presented the budget for FY 2025-26 today. In which 6 percent motor vehicle tax has been proposed on electric vehicles, which will be implemented in the coming time. At the same time, it has decided to impose 1 percent motor vehicle tax on CNG vehicle. Due to the increase in motor vehicle rate, it is believed that the government will increase the revenue of Rs 150 crore in FY 2025-26.
State Chief Minister Devendra Fadnavis said that these taxes will be applicable only to those vehicles, which will cost more than 30 lakh rupees. The old rules related to tax will be applicable on less than Rs 30 lakh. The government will implement the remaining new tax from 1 April 2025.
State Deputy Chief Minister Ajit Pawar presented the budget of Maharashtra government. The decisions taken in the new budget. He will be applicable from 1 April. Regarding increasing tax, the Chief Minister said that we are taxing more than 30 lakh expensive cars. Because these cars are luxury. At the same time, private non-transport four wheeler CNG and LPG cars in Maharashtra are currently charged with 7 to 9 percent motor vehicle tax on the basis of their price.