BUDGET 2026: Govt announces removal of VAT on new vehicles below 1500cc, hybrid vehicles below 2000cc

Finance Minister Dr Ashni Singh has announced that the government will remove VAT on new vehicles under 1500cc. He said this will apply to vehicles less than four years old. Meanwhile, he said the government will also remove VAT on hybrid vehicles below 2000cc. As was already announced by President Dr Irfaan Ali, Dr Singh […]