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Before the budget, electric and hybrid vehicles became cheaper by up to Rs 5 lakh. The government started waiving registration tax.

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Before the budget, electric and hybrid vehicles became cheaper by up to Rs 5 lakh. The government started waiving registration tax.


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TezzBuzz Staff by TezzBuzz Staff
July 23, 2024
in Technology
0
Before the budget, electric and hybrid vehicles became cheaper by up to Rs 5 lakh. The government started waiving registration tax.

Introduction: 1. The Uttar Pradesh government has waived the registration tax on hybrid cars, making it easier to buy these cars. 2. This decision is good for the environment because hybrid cars spread less pollution than petrol-diesel cars. 3. This will also benefit companies manufacturing hybrid cars such as Maruti Suzuki, Toyota and Honda.

The Uttar Pradesh government has taken a big decision that will now make it even easier to buy hybrid cars in the state. From July 5, the registration tax on strong hybrid and plug-in hybrid cars has been completely waived off.

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Why is this decision special?



  • Better for the environment: Hybrid cars emit less pollution than petrol-diesel cars, so this decision is a good news for the environment.
  • Big reduction in price: Due to the removal of registration tax, the prices of these cars have come down significantly, due to which these cars will now be within the reach of more people.
  • Benefits to companies: Companies like Maruti Suzuki, Toyota and Honda, which manufacture hybrid cars, will benefit greatly from this decision.

How much did the price reduce?



Here is the price comparison of some popular hybrid cars in Delhi and Uttar Pradesh:

Is this right for you?



If you are thinking of buying a new car, and are also conscious about savings, then a hybrid car can be a good option. After the tax exemption in Uttar Pradesh, these cars have become more economical than ever.

what next?



It remains to be seen what steps other states take to promote hybrid cars like Uttar Pradesh. This can increase the demand for electric and hybrid vehicles across the country.

I am from Bihar. I am proud of being from Bihar. I teach a lesson to fake news. I am a friend of the migrants. India is my everything. You can contact me on Instagram at @nyabihar and lov@gulfhindi.com.

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