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Karnataka Offers Tax Cuts for Hybrid Vehicle Incentives
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September 26,2024

Karnataka Offers Tax Cuts for Hybrid Vehicle Incentives

Karnataka plans to reduce levies and provide incentives for the clean mobility sector, including significant tax cuts for hybrid cars, benefiting companies like Toyota. While focusing on Electric Vehicles, the state aims to enhance hybrid vehicle adoption & support investments in EV manufacturing, aiming for up to $6billion in new investments.

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