look news india
New Delhi. Atishi Singh, who became the Chief Minister of Delhi after Arvind Kejriwal, has given a big gift to the people of Delhi. The Delhi government will give a tax rebate of 10-20 percent on the purchase of new vehicles to those vehicle owners who choose to declare their old vehicles as scrap. According to an official statement, Chief Minister Atishi has approved an incentive scheme to promote the initiative of converting old vehicles into scrap, the policy will be notified soon.
The Delhi government said in a statement, “The government will provide incentives to those who want to convert their old vehicles into scrap. For this, the government will give exemption in motor vehicle tax on purchasing new vehicles within three years.
How much discount on which vehicle?
According to the statement, under this incentive policy, 20 percent tax rebate will be given on the purchase of non-commercial CNG and petrol vehicles, 15 percent on commercial CNG and petrol vehicles and 10 percent on diesel vehicles. The objective of this policy of Delhi Government is to remove old polluting vehicles from the roads, so that the use of vehicles with less pollution and better emission standards can be promoted.
To avail benefits under this scheme, a person will have to take the deposit certificate after giving his old vehicle as scrap at the registered facility centre. He will be able to get tax exemption by showing that certificate at the time of registration of the new vehicle within three years.
UP government also offered
With an aim to reduce the increasing pollution and eliminate old vehicles in Delhi-NCR, Delhi and its neighboring states are giving tax exemption on scrapping old vehicles. Earlier, the Uttar Pradesh government has also issued an order saying that owners of vehicles registered before 2003 will get 75% tax exemption on scrapping their vehicles, while vehicles registered before 2008 will get 50% exemption.