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Buying a Car This Year? Get Ready to Pay More in Taxes!

The Maharashtra government increased its vehicle purchase tax rates by 1% in the latest state budget. The authorities have raised taxes of vehicles of all sorts. However, owners of luxury cars are the worst affected in this regard. This has generated the most revenue for RTO. President of the Maharashtra State Vehicle Drivers-Owners Federation has urged the government to look into the matter.

Economy

" Luxury car taxes generates significant revenue for RTO. "

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