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LATEST NEWS UPDATES | Karnataka mulls higher tax for second car -Manu Aiyappa

Karnataka mulls higher tax for second car -Manu Aiyappa

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published Published on Jun 24, 2016   modified Modified on Jun 24, 2016
-The Times of India

Bengaluru: To reduce the growing traffic congestion and pollution in the city, the Karnataka government is toying with the idea of hiking the vehicle registration fee and other charges for those who want to own more than one four-wheeler.

"We're working on this plan... Higher tax on the second vehicle would discourage citizens from owning too many vehicles, and also raise additional revenue for the government. Before we take it forward, we have sought opinion from the experts on how to go about it,'' said a senior official of the urban development department.

He also said the additional tax may also be applicable to companies which buy vehicles for their employees.

The Times of India, 24 June, 2016, http://timesofindia.indiatimes.com/city/bengaluru/Karnataka-mulls-higher-tax-for-second-car/articleshow/52892828.cms


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