People who scrap end-of-life (old) vehicles in Karnataka are set to get a tax concession ranging from Rs 1,000 to Rs 40,000 when buying new electric vehicles, Law and Parliamentary Affairs Minister H K Patil said while announcing a cabinet decision on Thursday.Patil said the concession for two-wheelers would range from Rs 1,000 to Rs 5,000. For example, vehicles priced up to Rs 1 lakh will get a concession of Rs 1,000, vehicles priced up to Rs 2 lakh will get a Rs 2,000 concession, and…
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Karnataka announces tax concessions for switching to electric vehicles after scrapping old vehicles | Bangalore News
