Karnataka Budget 2017: Bad News For Bike Lovers
Wednesday, March 15, 2017, 3:33 PM
The Karnataka Budget for 2017-18 has proposed a number of measures that are bound to bring bad news for luxury bike lovers. The Chief Minister announced that high-end motorbike prices will go up, with the motor vehicle tax being hiked from 12% to 18%. This will apply to all motorbikes costing above Rs 1 lakh.