Silver for those who buy a new car! Huge discount of 50% will be available in road tax; Know who will get the benefit and how

Rajasthan Road Tax Exemption: If you are a resident of Rajasthan and are planning to buy a new car, then there is a big good news for you. The Rajasthan government has taken a historic decision with the aim of reducing pollution in the state and removing old vehicles from the roads. ‘Road Tax’ on the purchase of a new vehicle; A huge discount of up to 50 percent has been announced. This step will not only reduce the burden on the pockets of vehicle owners, but will also prove to be a major milestone in the direction of environmental protection.

What is the government’s ‘scrapage policy’?

This exemption being given by the government is called ‘Vehicle Scrapping Policy’ Will be given under. This means that if you have an old car (government older than 15 years or private 10-15 years old) and you scrap it and buy a new car, then you will get tax relief.

Let us tell you that under the tax changes made by the government, if a private vehicle – old car or two-wheeler is deposited at an authorized scrapping centre, 25% to 50% discount will be given in the road tax payable at the time of registration of the new vehicle. At the same time, there is a provision of significant tax concession for commercial vehicles – goods carrying or passenger vehicles – on showing scrapping certificate.

Process to get rebate (Step-by-Step)

To avail the benefits of this scheme, vehicle owners have to follow some easy steps:

1. Scraping at Authorized Centre: First of all, take your old vehicle to a government recognized vehicle scrapping facility. (RVSF).
2. Certificate of Deposit (CD): After depositing the vehicle, you will receive a ‘Certificate of Deposit’ will get. This certificate is the main document to get exemption.
3. Purchase of new car: While purchasing a new vehicle at the showroom, this certificate will have to be entered on the digital portal.
4. tax cut: The transport department’s software will automatically deduct the amount of exemption from road tax of your new vehicle.

Why was this decision taken?

There are three main objectives behind this decision of Rajasthan Government:

• Control on pollution: Old vehicles emit many times more pollution than the new standards. Removing them will improve air quality.
• road safety: Older vehicles have fewer safety features and are more likely to have brake or engine failure.
• Boost to auto sector: Tax exemption will encourage people to buy new vehicles, which will boost the automobile industry.

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Big relief to media class

This initiative of Rajasthan government middle class Can prove to be a big relief for. While on one hand you will get rid of the old junk car, on the other hand thousands of rupees will be saved on purchasing a new car. If your car has also crossed the limit of 15 years, then you can get good savings in purchasing a new one by replacing it under this policy.