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Delhi Government To Provide Tax Concession For Scrapping Old Vehicles
NDTV
Delhi Transport Minister Kailash Gahlot said the policy aims to encourage the scrapping of old, polluting vehicles and promote the use of newer, cleaner vehicles.
The Delhi government is planning to provide a tax concession for scrapping old vehicles and has sent a proposal to Lt Governor VK Saxena for approval.
The government has decided to give a concession in the Motor Vehicles Tax for the registration of new transport and non-transport vehicles, provided a certificate of deposit is submitted for an old vehicle handed over for scrapping at a Registered Vehicles Scrapping Facility (RVSF).
Delhi Transport Minister Kailash Gahlot said the policy aims to encourage the scrapping of old, polluting vehicles and promote the use of newer, cleaner vehicles.