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Lowering taxes on hybrid vehicles can lead to faster adoption of electric vehicles in the country according to a senior official of Honda Cars India
NEW DELHI Jan 10 Reuters India s trade department has backed lowering taxes on hybrid vehicles to help the transition to cleaner energy
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Honda Toyota Maruti Suzuki Plans To Launch More Hybrid Cars In India
Honda Toyota Maruti Suzuki Plans To Launch More Hybrid Cars In India
The said number of registered vehicles will get a subsidy of Rs 20 000 each from the government Just like its last phase only those two
Hybrid vehicles still attract the same 29 percent GST as their petrol and diesel counterparts Currently major automakers such as Maruti Suzuki Toyota Kirloskar Motor and Honda Cars
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Ta y c Antipoison Ha Hybrid Electric Cars In India Ilmi Pop ler Tart ma
Ta y c Antipoison Ha Hybrid Electric Cars In India Ilmi Pop ler Tart ma
Electric vehicles EVs are taxed at just 5 per cent but hybrid vehicles are taxed as high as 43 per cent just below 48 per cent levy imposed
That amounts to a tax rate of 37 on hybrids and 34 on flex hybrids cuts of as much as 14 and 21 respectively according to Reuters
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NEW DELHI Jan 10 Reuters India s trade department has backed lowering taxes on hybrid vehicles to help the transition to cleaner energy
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