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Bhubaneswar: The Odisha authorities has made 100 per cent exemption on motorcar (MV) taxes and registration charges on electrical autos in accordance with the Odisha Electrical Automobile Coverage, 2021.
The State Transport division issued a notification on this regard on Saturday.
“The state authorities in train of the powers conferred underneath the Odisha Motor Autos Taxation Act, 1975, do hereby enable 100 per cent exemption of motor autos taxes and in addition registration charges in respect of all kinds of battery operated autos (electrical autos) in the course of the coverage interval, i.e. as much as December 31, 2025,” learn the notification.
On the recommendation of NITI Aayog, the Odisha authorities has give you the Electrical Automobile Coverage, 2021 in September this yr with the intention to encourage quicker adoption of electrical autos within the State.
Beneath the coverage, the federal government has proposed to increase monetary incentives for manufacturing industries, patrons, scrapping together with curiosity subvention in loans, waiving of highway tax & registration charges in the course of the coverage interval (5 years). It has additionally determined to present incentives underneath the Startup Coverage.
As per the coverage, the state will present 15 per cent subsidy, a most of Rs 5,000 for 2 wheelers, Rs 10,000 for three-wheelers, and Rs 50,000 for four-wheelers on the bottom worth.
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