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 the purchase of commercial CNG and petrol vehicles and 10 percent on diesel vehicles.
The Delhi government will provide a tax rebate of 10-20 per cent on the purchase of new vehicles to vehicle owners who opt to declare their old vehicles as scrap. According to an official statement issued on Wednesday, Chief Minister Atishi has approved an incentive scheme to promote the initiative of converting old vehicles into scrap. This policy will be notified soon. The Delhi government said in the statement, “The government will provide incentives to those who opt to convert their old vehicles into scrap by way of a rebate in motor-vehicle tax on the purchase of a new vehicle within three years.
This is how you will get discount
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 the purchase of commercial CNG and petrol vehicles and 10 percent on diesel vehicles. The objective of this policy of the Delhi government is to remove old polluting vehicles from the roads, so that the use of vehicles that cause less pollution and have better emission standards can be promoted.
Vehicle will have to be given to the registered junk center
To get the benefit under this scheme, a person will have to get a deposit certificate after giving his old vehicle for scrap at a registered facility. He will be able to get tax exemption by showing that certificate at the time of registration of the new vehicle within three years.
Related Articles:-
FD Interest Rate: These banks are giving up to 9% interest on FD, check FD details here
