Vehicle scrappage policy to have mix of penalties, financial incentives | Budget 2021

Vehicle scrappage policy to have mix of penalties, financial incentives | Budget 2021

By Administrator_ India Capital Sands The Centre’s proposed scrapping policy is set to be a mix of penalties and financial incentives. Among the considerations include waiving off registration charge on a new vehicle to incentivize scrapping, the sources said. “The Centre is likely to ask states to give a rebate on road tax; besides also […]