Concession to discard old vehicles

Kashmir Times. Dated: 10/8/2021 7:39:06 PM

KT NEWS SERVICE
NEW DELHI, Oct 7: The Central Government on Thursday announced hefty concessions to be given to the vehicle owners in the new financial year from April 1 to discard the old and polluting vehicles under the vehicle scrapping policy.

As an incentive for scrapping, the concession will be given in the motor vehicle tax on submission of the "certificate of deposit" of old vehicles as issued by the registered scrapping facility.

Th concession will be up to 25% in case of the personal vehicles a up to 15% in case of the commercial vehicles. This concession will be available up to 15 years in case of the personal vehicles and up to eight years in case of the commercial vehicles.

 

Video

The Big Story: Death of Democracy... Read More
 

FACEBOOK

 

Daily horoscope

 

Weather