Search This Website

1/26/21

From now on, the green tax will be levied on vehicles older than 8 years, these will be the tax rate

 





 Union Minister for Road Transport and Highways Nitin Gadkari has approved a proposal to impose a road green tax on old vehicles that pollute the environment. The Ministry of Road Transport and Road Transport has said it will be sent to the states for consultation before its formal implementation. The ministry says,

 At the time of fitness certificate renewal on transport vehicles older than 8 years, green tax can be levied at the rate of road tax of 10 percent to 25 percent.

Credit link: Click here

 The tax will also be levied on personal vehicles older than 15 years. So, public transport vehicles like city buses, etc. will have to pay less green tax. In highly polluted cities, a maximum of 50 percent' green tax' can be levied on registered vehicles. However, taxes may vary depending on the fuel and the vehicle.

 Apart from this, the tax will not be levied on hybrid, electric vehicles and alternative fuel vehicles such as CNG, ethanol, LPG vehicles. In addition, green tax will not be levied on agricultural vehicles, such as tractors, harvesters, trailers, etc.

No comments:

Post a Comment