Govt proposes hike in tax rebate on new vehicles for buyers scrapping old ones
Monday, 27 January 2025
The road transport ministry in New Delhi proposed a tax rebate of up to 50% for buyers who submit a scrapping certificate for their BS-I, BS-II, or older vehicles. This initiative aims to reduce vehicular pollution by encouraging citizens to replace old, polluting vehicles with newer models, providing significant financial incentives.
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