10% lifetime tax on electric cars above Rs 25 lakh in Bengaluru

Karnataka introduces new taxation rules impacting transport vehicles & electric vehicles. With a 3% additional cess on newly registered transport vehicles, the state aims to support social security measures. Additionally, EVs costing over Rs 25 lakh will now face a 10% lifetime tax. These changes signal a shift in Karnataka's vehicle taxation policy, affecting both transport operators and EV.