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Tax on electric vehicles to be reduced by Rs. 1 million

Tax on electric vehicles to be reduced by Rs. 1 million

Tax on all electric vehicles to be reduced by Rs.1 million and Rs.2.5 million import tax to be imposed on super luxury vehicles, Finance Minister Mangala Samaraweera said.

He also said that a Carbon tax to be introduced for motorcycles (17 cents per day), Motor cars (Rs. 1.78 per day and buses (Rs.2.74 per day).

(Daily Mirror)

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