Car, bike prices to go up in TN as govt hikes tax rates

The government of Tamil Nadu has increased tax rates on new vehicles, including two-wheelers, cars, share-autos, taxis, and trucks. This will lead to an increase in the cost of purchasing and operating vehicles, affecting both freight and commute costs. The tax rate for two categories of vehicles remains unchanged, but for others, the tax rates have been increased. Vehicle owners will also have to pay registration charges, green taxes, insurance premiums, and other handling charges. This move has been met with opposition from automobile industry representatives and transportation activists, who argue that the tax revision will negatively impact middle-income groups and the overall industry.