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Renewal fee for registering old vehicles changed
In case of delay in applying for renewing certificate of registration, an additional fees of Rs 300 would be levied in case of private vehicles
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Centre suggests states to offer up to 25% road tax rebate
Vehicle scrappage policy: The policy proposes road tax on personal vehicles be slashed by up to 25% and up to 15% for commercial vehicles.
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India’s vehicle scrappage policy to create new jobs
The vehicle scrapping policy is also likely to attract additional investments and generate employment through Registered Vehicle Scrapping Facilities
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Vehicle scrappage policy: Insufficient incentive unlikely to trigger replacement, says analyst
A vehicle owner can usually get scrap value of about 2-3% of vehicle price in the market and hence the incremental incentive from the policy appears m
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Money9 Edit | The scrap trap
The theory that scrapping old cars will boost new car purchases may not stand the test of time
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Get 5% discount on new car after scrapping your old one
Vehicle scrappage policy will also lead to an increase in the country's automobile industry turnover to Rs 10 lakh crore from the current Rs 4.5 lakh
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90-Word Edit | Vehicle Scrappage Policy a boon for both consumers and industry
Higher sales will also expand the market and add jobs in the sector
