Indian made petrol-driven Bajaj three wheelers will cost more in Sri Lanka. The Sri Lankan Government has hiked the import taxes these vehicles from 51 percent to 100 percent. Taxes on diesel three wheelers goes up from 61 percent to 100 percent and electric three wheelers from 27 percent to 50 percent.Colombo has slapped new taxes of as much as 100 percent on some imported cars, but kept taxes on hybrid cars lower, in a move which can reduce state revenues from automobiles this year.Sri Lanka's finance ministry in a notice on its website said total taxes on imported hybrid cars has been raised to between 60 to 125 percent from the current 51 to 100 percent based on engine size, mostly from excise levies.Taxes on petrol-driven cars have been raised from the current 120 to 189 percent of value to 189 to 275 percent, depending on engine size.Taxes on diesel cars have been raised from the current 180 to 191 percent to 250 to 350 percent.Sri Lanka ran into a balance of payments crisis in mid-2012 due to low interest rates and high central bank accommodated credit growth as well as credit taken to manipulate oil prices.The import of vehicles had gone up more thn double from over 2.1 lakhs in 2009 to over 5.23 Lakhs in 2011.The Finance Minister said the surge in imports of cars has created congestion in roads and a higher demand for fuel.