Karnataka is known for its diverse natural landscapes and thriving cities. As a powerhouse of the Southern economy and housing India’s leading software companies, it relies on a well-maintained road network to keep its wheels of progress turning. To fund the development and maintenance of these roads, the Karnataka government imposes road taxes on vehicle owners. This blog delves into the specifics of Karnataka road tax for bikes. Here, we also provide valuable insights into tax rates, calculation methods, and their significance.
What is the Road Tax in Karnataka for Bike?
Two-wheeler road tax in Karnataka is an essential obligation for all bike owners. The tax amount is determined based on several crucial factors, ensuring a fair contribution to road infrastructure. Below is a table outlining the road tax rates for two-wheelers in Karnataka:
Vehicle Value (in lakh)
|
Tax Percentage
|
New vehicles costing less than Rs 50,000
|
10%
|
New vehicles costing more than Rs 50,000
|
12%
|
Vehicles no more than 5 years old
|
73% to 93%
|
Vehicles between 5-10 years old
|
49% to 69%
|
Vehicles between 10-15 years old
|
45% to 25%
|
Electric Vehicles
|
4%
|
These tax rates apply to new and used two-wheelers, with different slabs for vehicles under 5 years old and those between 5-10 years old. Understanding these rates is crucial for bike owners in Karnataka as compliance ensures the state’s roads remain safe and well-maintained for everyone’s benefit.