REPRESENTATIVE IMAGE
Guwahati, Nov 17: With the aim to promote electric vehicles (EVs), the Assam government on Thursday approved reduction of the existing tax rate on Motor Vehicle Tax (non-Transport).
The decision was taken during the weekly cabinet meeting held on Thursday wherein the state government approved a 2 percentage point reduction on the existing tax rate on Motor Vehicle Tax (non-transport) to be provided to citizens buying EVs up to March 31, 2025 from the date of notification.
For instance, the tax on EVs costing between Rs.10-20 lakh will be 8 percent instead of the prevailing 10 percent.
