Toyota is lobbying the Indian government to slash taxes on hybrid vehicles by around 21 per cent. The Japanese car manufacturer has claimed that hybrid vehicles cause far less pollution compared to petrol cars but don’t get commensurate policy treatment, news agency Reuters reported citing the company’s letter to the Niti Aayog.
Electric vehicles (EVs) are taxed at just 5 per cent but hybrid vehicles are taxed as high as 43 per cent, just below 48 per cent levy imposed on…
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