Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar has announced a series of revisions in the state's motor vehicle tax structure, aiming to generate additional revenue of Rs 1,125 crore in the 2025-26 financial year. The proposed changes, which focus on different vehicle categories, were detailed in his latest budget presentation.

The Maharashtra government on Monday proposed a 6 per cent tax on electric vehicles priced more than Rs 30 lakh in the budget for the fiscal 2025-26.