New Delhi: The Ministry of Road Transport & Highways has approved a proposal to levy a Green Tax on old vehicles which are polluting the environment.
The proposal will now go to the states for consultation before it is formally notified.
Check out the main principles to be followed while levying the Green Tax:-
1. Transport vehicles older than 8 years could be charged Green Tax at the time of renewal of fitness certificate, at the rate of 10 to 25 % of road tax.
2. Personal vehicles to be charged Green Tax at the time of renewal of Registration Certification after 15 years.