Policy

Karnataka government hikes vehicle purchase limit for ministers, MPs to ₹31 lakh

In brief

The Karnataka government has increased the financial limit for the purchase of new vehicles for state Ministers and Lok Sabha and Rajya Sabha members from ₹26 lakh to ₹31 lakh. This change means that eligible buyers can now spend up to ₹31 lakh on a new vehicle, which may be a consideration for those in this category looking to purchase a new car or bike.