Green Tax on vehicles older than 8 years !
New Delhi – There is a proposal to impose a Green Tax on vehicles which are more than 8 years old. The Ministry of Road Transport and Highways has consented to the proposal to levy the Green Tax. This proposal will now be sent to the States for their consideration and acceptance. The tax is being imposed to protect the environment and curb pollution. It is possible that 10 to 15% of road tax will be charged as Green Tax while renewing the fitness certificate of the vehicles. In case of personal vehicles, green tax could be levied at the time of renewal of registration certificate after 15 years. Public transport vehicles will be charged the least tax. Vehicles like hybrids, electric vehicles and ones which use alternate fuels like CNG, Ethanol, LPG etc. are likely to be exempted. The revenue collected from the Green tax will be utilised to tackle pollution.
Here's all you need to know about ‘Green Tax’https://t.co/vQf5bN6dqz
— IndiaToday (@IndiaToday) January 26, 2021