Bill to hike motor vehicles tax tabled in Maharashtra assembly

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

Source: PTI