Telangana gives 100% exemption on road and registration taxes for EVs

Transport Minister Ponnam Prabhakar has announced a significant move to encourage the adoption of electric vehicles (EVs) the state. Starting, buyers of electric vehicles will benefit from a full exemption on road tax and vehicle registration fees. This initiative is part of a broader strategy to combat vehicle pollution through a newly established EV policy.

The government's decision to remove the cap the number of vehicles eligible under the EV policy marks a departure from previous limitations. By doing so, the administration, led by the Congress government, aims to make electric vehicles more accessible to the public Minister Prabhakar emphasized the importance of transitioning to electric vehicles as a means to safeguard future generations from the adverse effects of pollution.

In a bold move to promote environmental sustainability, the state will forgo substantial revenue from the tax and fee exemptions. The waiver encompasses a wide range of electric vehicles, including two-wheelers, cars, auto-rickshaws, and buses used by sectors such as IT and Pharma for commuting purposes. Additionally, individuals purchasing a second electric vehicle will not be subject to the 2% additional tax that typically applies to second vehicle purchases.

The state's commitment to electric mobility is further reflected in the announcement that the new EV policy will be applicable to all electric vehicles registered in the state up until December 31, 2026. The government is also open to extending this deadline if deemed necessary, showcasing its dedication to promoting electric vehicle adoption.

The Transport Department's Special Chief Secretary Vikas Raj formalized the policy through GO 41, issued on Sunday. This governmental order reiterates the complete waiver on road tax and registration fees for a broad spectrum of electric vehicles, ranging from personal two-wheelers and cars to commercial passenger and light commercial vehicles. This comprehensive approach underscores the state's holistic strategy towards reducing vehicle emissions and fostering a cleaner environment.

It is essential for potential buyers to conduct thorough research before making purchases, as the state government does not take responsibility for the quality or defects of products and services. This advice follows the announcement of exemptions, indicating a proactive stance towards consumer awareness in the burgeoning electric vehicle market.

Concluding, the state's new EV policy represents a significant step towards reducing vehicle pollution and encouraging the adoption of electric vehicles. By waiving taxes and fees, the government demonstrates its commitment to environmental sustainability and public health. As this policy unfolds, it is anticipated to pave the way for a greener, more sustainable future.