Punjab Govt okays vehicle scrappage policy

rawan239

2 years ago

The today gave a nod to the policy for scrapping of old vehicles, transport and non-transport vehicles. Those scrapping their

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old vehicles will get a rebate on the motor vehicle tax (MVT) from 15 to 25 per cent.

Those scrapping old vehicles (transport and non-transport) will get a rebate on the motor vehicle tax from 15 to 25%

A total of 1.28 crore vehicles have been registered in the state to date and nearly one-third of them have been registered 12-15 years ago

The state policy is in line with the Vehicle Scrapping policy of the Ministry of Road Transport and Highways.