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        <h1>Maharashtra increases vehicle tax cap to Rs 30 lakh, luxury cars face Rs 10 lakh additional tax burden</h1> Maharashtra state government has implemented revised one-time tax structure for vehicles, increasing the tax cap from Rs 20 lakh to Rs 30 lakh. High-end petrol and diesel cars above Rs 20 lakh will face additional Rs 10 lakh in taxes, with luxury vehicles attracting over Rs 20 lakh in one-time tax. CNG/LNG vehicles see 1% tax increase across price brackets. Goods carriers including pickup trucks and construction vehicles will be taxed at 7% of price rather than weight, significantly increasing costs. Electric vehicles remain exempt from one-time tax despite earlier proposals for taxation.

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        ActsIncome Tax
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