Green Tax on Old Vehicles: Union Road Transport and Highways Minister Nitin Gadkari has approved the proposal of Green Tax on Old Vehicles on polluting old vehicles. The central government has taken this step in the wake of increasing pollution.
This green tax proposal will now be sent to the states for discussion. After receiving the green signal from the states, this tax will be notified. According to the Ministry of Road, Transport and Highways, up to 25% of the road tax can be charged at the time of renewal of fitness certificate on vehicles older than 8 years.
Green cars will be levied on personal vehicles at the time of renewal of registration certification after 15 years. Public transport vehicles such as city buses will be levied a lower green tax. While giving this information, the Transport Ministry has said that the revenue from this tax will be used to control pollution.
Union Road Transport and Highways Minister Nitin Gadkari also approved the policy of deregistration and scraping of vehicles owned by government departments and public sector undertakings, which are more than 15 years of age. The new rules will be notified on 1 April 2022.
It has been proposed to impose a green tax on private vehicles as well as transport vehicles. According to the ministry, on applying for vehicle registration after 15 years from private vehicles, green tax will be charged. At the same time, less green tax will be collected from public transport vehicles like city buses.
A provision has been made to collect higher green tax to control the increasing pollution in the cities. How much tax is to be levied on vehicles will depend on several parameters. Green tax will be taken based on the fuel and type of the vehicle.
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Strong hybrid, electric, alternative fuels such as CNG, ethanol or LPG-powered vehicles will be exempted. Tractors, harvesters, tillers used in agricultural operations will also be excluded from this scope. The ministry said that the revenue derived from the green tax will be kept in a separate account and used to set up state-of-the-art facilities for emissions monitoring and for states to tackle pollution.
