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Mumbai, Mar 19 (PTI) A bill to amend the Maharashtra Motor Vehicles Act 1958 was tabled in the assembly on Wednesday with the aim of increasing vehicle tax and potentially generating additional revenue.
The Maharashtra Motor Vehicles Tax (Amendment) Act 2025 bill proposes to increase the maximum limit of one-time tax for motorcycles, tricycles, motorcars and omni bus.
The tax on compressed natural gas (CNG) or liquified petrol gas (LPG) vehicles will be increased by one per cent.
The bill was tabled by Transport Minister Pratap Sarnaik.
The Maharashtra Budget 2025-26 had proposed a 6 per cent motor vehicle tax on electric vehicles (EVs) priced above Rs 30 lakh, a 1 per cent hike in tax for CNG and LPG vehicles, and a 7 per cent tax on construction vehicles and light goods vehicles (LGVs).
The amendment bill proposes to levy a one-time tax of 7 % of the cost of vehicles used for construction works such as cranes, compressors, projectors, and excavators at the time of their registration.
The amendment also includes a one-time 7 % tax levy on vehicles used for the carriage of goods or materials up to 7,500 kg. PTI MR NSK
Motor vehicle tax increase proposed, raising one-time and category-specific levies including EVs and CNG/LPG vehicles. A bill amending the Maharashtra Motor Vehicles Act, 1958 proposes increased motor vehicle taxation by raising the maximum one-time tax at registration for motorcycles, tricycles, motorcars and omnibuses, and by imposing a one-time 7% tax on construction equipment and on vehicles used to carry goods up to 7,500 kg. The bill also increases the tax on CNG and LPG vehicles by one percentage point and implements the budget-proposed tax on higher-priced electric vehicles.Press 'Enter' after typing page number.