Life tax on vehicles hiked in AP

The Andhra Pradesh Government has enhanced the life tax on three and four-wheelers from nine per cent to 12 and 14 per cent, depending upon the cost of the vehicle. The ordinance, issued on February 2, spares two-wheelers from the tax hike. As per new imposts, vehicles priced at Rs 10 lakh and above will have to pay 14 per cent tax, and vehicles priced below Rs 10 lakh, will be levied 12 per cent.

Source: Iniacar.com Source: Business Line (Online Edition) (2/7/2010)