Now, pay more for fancy motorbikes

March 16, 2017

Bengaluru, Mar 16: Life-time tax on bikes priced above Rs 1 lakh has been increased from 12% to 18%, a rise that comes after a gap of seven years. The government expects an additional Rs 60 crore revenue from the tax hike.

bikes
Chief Minister Siddaramaiah noted that the tax on two-wheelers has not been increased since 2010. However, he did not touch the tax on bikes and scooters priced below Rs 1 lakh.

Two-wheelers account for most of the private vehicles in Karnataka. There are nearly 1.23 crore two-wheelers in the state against 1.6 crore private vehicles, excluding transport vehicles. More than 11 lakh two-wheelers were added in 2016. Though most of the two-wheelers fall within the bracket of Rs 65,000-Rs 1 lakh, bikes that are sought after by youngsters usually cost a little above Rs 1 lakh.

Coming to imported bikes, the tax is applicable in accordance with total cost incurred in importing them or the value given in the ‘bill of entry’.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
December 20,2025

Mangaluru, Dec 20: City Police Commissioner Sudheer Kumar Reddy has issued a high-alert warning to vehicle owners regarding a surge in cyber fraud targeting those looking to pay traffic violation fines. Fraudsters are reportedly exploiting recent government discount schemes on traffic penalties to deceive citizens.

The Scam: How Fraudsters Strike

Criminals are using SMS, WhatsApp, and social media to circulate suspicious links and APK files (Android application packages). They claim these apps allow users to pay e-challans at a discount.

•    Device Hacking: Downloading these unauthorized apps gives hackers full access to the victim's smartphone.

•    Financial Theft: Once the phone is compromised, fraudsters intercept OTPs and personal data to drain bank accounts.

•    Phishing Sites: Fake websites mimicking official portals are also being used to harvest banking credentials.

Already, two residents within Mangaluru city limits have reported significant financial losses after falling victim to these fraudulent apps.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.