Maharashtra Budget: Higher Motor Vehicle Tax On CNG, Electric Cars

The Maharashtra government proposed on Monday to increase motor vehicle tax on compressed-natural-gas and electric cars with effect from April 1.

CNG cars will now attract 1% more road tax across slabs. Electric cars priced above Rs 30 lakh will be taxed at 6%, according to the budget .

• Maha EV Policy 2021 envisaged no road and RTO tax for all EVs.

• Road tax hike to add Rs 150 crore to state revenue in FY26.

• More than 2 lakh CNG cars were sold in Maharashtra FY25 so far.

• In 2024, 15,044 electric cars and SUVs were sold in Maharashtra.

• Maharashtra accounts for 15% of total electric car sales in India.