ALL >> Business >> View Article
Tg Road Tax: Potential Hike Worries Telangana Motorists

Telangana may increase road tax for bikes above ₹1 lakh and cars above ₹10 lakh, aiming to boost revenue up to ₹9,000 crore.
Telangana motorists may face a potential road tax hike as the state government considers adopting policies from Kerala and Tamil Nadu. These states generate significant revenue through higher road taxes, with Kerala imposing up to 21% and Tamil Nadu 20%. Telangana officials have studied their systems and are preparing a report for the Cabinet Subcommittee, which will decide on possible changes.
Key Highlights
Proposed Tax Changes:
Road tax may increase for bikes priced above ₹1 lakh and cars above ₹10 lakh. Current slabs might also be modified for efficiency.
Current Tax Structure in Telangana:
Cars:
• Below ₹5 lakh: 13%
• ₹5-10 lakh: 14%
• ₹10-20 lakh: 17%
• Above ₹20 lakh: 18
Bikes:
Projected Revenue:
Telangana's road tax revenue, currently ₹7,000 crore, could rise to ₹8,000-9,000 crore with revised rates.
Comparative Insights
Neighboring states are collecting more taxes, and Telangana ...
... may streamline slabs for better efficiency. However, officials suggest that immediate tax increases are unlikely, as discussions and final decisions may take time.
Motorists are advised to stay updated as the government deliberates on this key issue.
#telanganaroadtax #biketaxhike #cartaxhike #tgtransportrevenue
Read in Bizzbuzz
https://www.bizzbuzz.news/TelanganaState/GHMC/tg-road-tax-potential-hike-worries-telangana-motorists-1343321
Bizz Buzz, launched on November 18, 2020, is the ambitious digital-first business daily from Hyderabad Media House Limited
Add Comment
Business Articles
1. Lucintel Forecasts The Glass Fiber In The Global Marine Market To Grow With A Cagr Of 3.7% From 2024 To 2030Author: Lucintel LLC
2. Lucintel Forecasts The Glass Fiber In The Global E&e Market To Grow With A Cagr Of 3.9% From 2024 To 2030
Author: Lucintel LLC
3. Lucintel Forecasts The Global Frp Pole In Telecommunication Market To Grow With A Cagr Of 6.5% From 2024 To 2030
Author: Lucintel LLC
4. Lucintel Forecasts The Global Frp Pole In Power Transmission & Distribution Market To Grow With A Cagr Of 6% From 2024 To 2030
Author: Lucintel LLC
5. Lucintel Forecasts The Global Frp Pipe In Oil And Gas Market To Grow With A Cagr Of 5.1% From 2024 To 2030
Author: Lucintel LLC
6. Lucintel Forecasts The Global Frp Pipe In Chemical Market To Grow With A Cagr Of 3.6% From 2024 To 2030
Author: Lucintel LLC
7. Adopt A Modern Telecom Commission Management System To Fix Revenue Leakages
Author: Kevin
8. Quality Steel Pipes And Tubes With Commitment And Trusted Service
Author: CONTENT EDITOR FOR SAMPHIRE IT SOLUTIONS PVT LTD
9. Lucintel Forecasts The Global Foam Core For The Construction Market To Grow With A Cagr Of 3.7% From 2024 To 2030
Author: Lucintel LLC
10. How Important Is Mutual Fund?
Author: Sagar Shah
11. What Do You Need To Know About Customize Your Own Clothes
Author: Guangzhou Beianji Clothing
12. Detailed Tips To Choose Quality Cabinets And Joinery Melbourne
Author: William Harvey
13. Lucintel Forecasts The Global Foam Core For The Transportation Market To Grow With A Cagr Of 5.4% From 2024 To 2030
Author: Lucintel LLC
14. Silicone Sealing Foam Cord: The Valuable Option For You
Author: Dongguan Senma New Materials Technology Co., Ltd
15. How Investment Banking Companies And Credit Solutions Elevate Wealth Management
Author: Drishti Desai