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The Ministry of Road Transport and Highways has introduced new guidelines for new application or renewal of a Driving License or a Registration Certificate.
Negative bias seen for Nifty, Sensex at open January 27, 2021 Auto stocks will be in focus on the green tax proposal Indian markets are expected to open flat with negative bias. The SGX Nifty is currently ruling at 14,225 against Nifty futures’ Monday’s close of 14,254. Asian markets are giving mixed signals, with Nikkei (Japan) and Singapore STI ruling firm with 0.5 per cent gains, and Kospi and ASX (Australia) slipping in the red. The S&P BSE Sensex on Monday declined 531 points to 48,347, while the Nifty50 index plunged 133 points to 14,239, as index heavyweight Reliance Industries d...
Vehicle scrappage policy announced for government vehicles. Proposal to levy Green Tax on all old vehicles also put forward. Click for details.
The MoRTH is ready with the Scrappage Policy. HIGHLIGHTS Green Tax to be imposed on private vehicles. CNG, LPG, Ethanol, Hybrids and EVs to be given relief. The much delayed and much-awaited Scrappage Policy is round the corner. It is being reported that the new policy will come into effect from 1 st April 2021. The policy states that Central and State Government vehicles will be scrapped. However, there are different norms for Transport and Personal vehicles. What happens to old transport vehicles Under the proposal, transport vehicles older than eight years will be charged a Green Tax at th...
Green tax to be imposed on vehicles over 8 years in bid to clean environment ANI | Updated: Jan 25, 2021 20:42 IST New Delhi [India], January 25 (ANI): A 'Green tax' will soon be imposed on older vehicles">vehicles in a bid to clean up the environment by phasing out unfit and polluting vehicles">vehicles. Union Minister for Road Transport and Highways Nitin Gadkari has approved the proposal to levy the tax and it will now go to the states for consultation before it is formally notified. As per a statement, transport vehicles">vehicles older than eight ...