<ul><li>Gujarat Finance Minister, Kanubhai Desai, presented the state's budget for 2025-26 with an outlay of ₹3.70 lakh crore.</li><li>As part of the budget, the motor vehicle tax for electric vehicles (EVs) has been reduced from 6% to 1%, aimed at promoting eco-friendly transportation.</li><li>The budget also allocated ₹50 crore for the development of EV charging infrastructure in Gujarat.</li><li>Additionally, the budget focused on AI development, with the establishment of AI labs, an AI task force, and the expansion of startup incubators.</li></ul>

Gujarat Slashes EV Tax to 1% in ₹3.7 Lakh Crore Budget 2025-26

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