Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
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Subhashree
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