Bengaluru: Starting May 1, registration fee for commercial vehicles priced within Rs 10 lakh and for those used in the construction sector will be increased as the state government is implementing the Karnataka Motor Vehicle Taxation (Amendment) Act, despite opposition from commercial vehicle operators.

The lifetime tax for cabs that cost less than Rs 10 lakh will be 5 percent of the cost of the vehicle, as reported by The New Indian Express on Wednesday.

The report noted that, until now, lifetime taxes were not levied in a lump sum on commercial vehicles (taxis) costing less than Rs 10 lakh; instead, taxes were collected quarterly at a rate of Rs 100 per seat for a four-seater vehicle.

“So every commercial vehicle priced within Rs 10 lakh annually paid tax of around Rs 1,800, including the cess. But now, the slabs have been revised and we have to pay lifetime tax at one go,” TNIE quoted K. Radhakrishna Holla, president, Karnataka State Travel Operators’ Association, as saying.

He added that buyers of vehicles priced within Rs 10 lakh, which include most commercial vehicles, will now have to pay approximately Rs 50,000 as lifetime tax upfront at the time of registration.

As per the revised slabs, those purchasing vehicles in the Rs 10–15 lakh range will be required to pay 9 percent of the vehicle’s cost as lifetime tax. Additionally, buyers of vehicles priced at Rs 15 lakh and above will now be required to pay 15 percent of the vehicle’s cost as lifetime tax.

Electric vehicles (EVs) priced above Rs 25 lakh were exempted from road tax. But now, it will now attract a 10 percent tax on the vehicle’s cost.

However, Radhakrishna Holla warned that taxing high-end EVs could further slow the state’s already lagging adoption of electric vehicles. “At this juncture, the government should not be levying taxes on e-vehicles. It will discourage people from operating commercial e-cars,” he said.

Vehicles used in the construction sector, as well as those equipped with air compressors and generators, will attract a lifetime tax of 8 percent of the vehicle’s cost, added the report.

The state government has set a revenue target of Rs 15,000 crore for the Transport Department in the 2025–26 fiscal year, with the revised taxation expected to boost collections.

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Mumbai (PTI): Neeraj Ghaywan's much acclaimed "Homebound" is among the 15 films shortlisted in the best international feature category at the Oscars, moving a step close to the final five nominations and maybe a win.

The movie, inspired by a true story that became the basis of a news article during the pandemic, has been creating a global buzz since its debut in the Un Certain Regard category at the Cannes Film Festival this May.

Hollywood legend Martin Scorsese is a fan and has come onboard as an executive producer ahead of the award season.

Produced by Karan Johar and Adar Poonawalla, and starring Ishaan Khatter, Vishal Jethwa and Janhvi Kapoor, "Homebound" is Ghaywan's second movie after "Masaan".

"Homebound" will compete for an Oscar nomination alongside Argentina's “Belén”, Brazil's “The Secret Agent”, French drama "It Was Just an Accident”, Germany's "Sound of Falling” and Iraq's "The President's Cake".

ALSO READ: Actress Shilpa Shetty's restaurant booked for breaching operating hours

The other movies in the shortlist include Japan's “Kokuho”, Jordan's “All That’s Left of You”, Norway's “Sentimental Value”, Palestine's “Palestine 36”, South Korean hit “No Other Choice”, Spain's “Sirat”, "Late Shift" from Switzerland, “Left-Handed Girl”from Taiwan and Tunisian drama “The Voice of Hind Rajab”, the Academy of Motion Picture Arts and Sciences announced in a release on Tuesday.

The award for best foreign film, now re-categorised as best international feature, has so far eluded India.

Only three Indian films have received nominations in the category -- Mehmood Khan’s “Mother India”, Mira Nair’s “Salaam Bombay” and Ashutosh Gowarikar’s “Lagaan”. Deepa Mehta’s “Water”, starring John Abraham and Lisa Ray, also received a nomination but it was submitted from Canada.

Gujarati film "Chhello Show" in 2023 was the last film to get shortlisted.

Costume designer Bhanu Athaiya was the first Indian to get an Oscar, bagging the coveted prize in 1983 for the film "Gandhi". Other than her, A R Rahman, Resul Pukootty and M M Keeravani have also won individual Oscars.

Team "Homebound" celebrated the shortlist news with posts on social media.

"We made the shortlist... Way to go team Homebound'!" Johar shared in Instagram Stories.

In a post, the producer said it was difficult for him to articulate how "proud and elated" he was with the news.

"All of us @dharmamovies are privileged to have this proud and important film in our filmography... thank you @neeraj.ghaywan for making so many dreams of ours come true... from Cannes to being on the Oscar shortlist this has been such an overwhelming journey! Love to the entire cast and crew and teams of this special special film! Upwards and onwards...."

Ghaywan also shared the news on X.

"#Homebound has been shortlisted for Best International Feature Film at the 98th Academy Awards! We are deeply grateful for the extraordinary love and support we've received from around the world," he wrote on X with a special poster of the film.

Jethwa, who plays one of the two friends in the story opposite Ishaan Khatter, said the moment feels "surreal and incredibly humbling".

"To see 'Homebound' being shortlisted and progressing towards the Oscars is something I could have only dreamed of. I am deeply grateful for the love and support the film has received from audiences around the world," he said as he acknowledged Johar, Ghaywan and co-star Khatter and the rest of the team.

Khatter also shared the news on his Instagram stories and wrote, "Oscar ab dur nahi".

ALSO READ: MGNREGA rename: Gandhi made ‘Raghupati Raghav Raja Ram’ national anthem, Kangana sparks row

"Homebound" is inspired by journalist Basharat Peer's The New York Times article “Taking Amrit Home”, also titled "A Friendship, a Pandemic and a Death Beside the Highway".

The film portrays the childhood friendship between a Muslim and Dalit who chase a police job that promises them the dignity they have long been denied due to their surnames.

The Academy on Tuesday also announced shortlists in 11 other categories, including the newly added casting Oscars, animated shorts, cinematography, documentary feature, documentary short, original score and song, sound and visual effects categories.

Nominations for the 98th Academy Awards will be announced on Thursday, January 22, 2026.

Twenty-four categories will be awarded at the 98th Oscars. Each category has five nominees, except for best picture, which has 10.

The 98th Oscars will be held on Sunday, March 15, 2026, at the Dolby Theatre in Los Angeles.