Petrol, diesel cars may be taxed more to push electric vehicle sales2 min read 11 Jul 2018, 07:10 AM IST
The finance ministry thinks petrol and diesel cars should be taxed more to avoid the additional financial burden that the government incurs as it incentivises buyers under the FAME scheme for electric cars
New Delhi: In an effort to incentivise electric vehicle buyers through cross subsidies, the government is considering a proposal to impose a marginally higher tax on conventional petrol and diesel cars. The finance ministry thinks the proposal should be considered to avoid the additional financial burden that the government incurs as it incentivises buyers under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme.
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