Buying car will get expensive? Government to increase road tax

New Delhi: 

The Delhi government is all set to increase the road tax on cars, SUVs and commercial vehicles. A proposal to increase the tax has been sent to the Finance Department by the Ministry of Transport.

Delhi Road Tax:

If you are also planning to buy a car, then get this plan implemented soon. In the coming times, the prices of cars, SUVs and commercial vehicles in Delhi may increase. According to sources, the Transport Department has proposed to increase the road tax for certain categories of vehicles.

Proposal sent to finance department

Currently, the road tax on private vehicles in Delhi is up to 12.5 per cent depending on the fuel type and price range. According to sources, a proposal to increase road tax on special category of commercial vehicles has been sent by the Transport Department to the Finance Department.

Road tax exemption for electric vehicles

Let us tell you that there is exemption from road tax on electric vehicles in Delhi. The intention of the government behind this is to promote electric vehicles. The transport department of the Delhi government has set a target of collecting Rs 2,000 crore from various taxes and duties in the annual budget for 2022-23.

Target of 25% stake in electric vehicles

The Delhi government aims to increase the share of electric vehicles in total vehicle sales to 25 percent by 2024. Electric vehicles accounted for 12.6% of vehicle sales in March. Earlier it was 10.6 in February and 8 per cent in January.

]]>

, International, ,

Post a Comment

Previous Post Next Post