UP Cabinet Approves Old Vehicle Scrapping Policy, Rebate On Road Tax
NDTV
The State Transport Minister said that for scrapping 15 years old vehicles the state government would provide a 50 per cent rebate in taxes.
In a bid to curb pollution, the Uttar Pradesh Cabinet has approved old vehicle scrapping policy for the state, State Transport Minister Dayashankar Singh told media persons on Friday.
He said that for scrapping 15 years old vehicles the state government would provide a 50 per cent rebate in taxes and penalties and 75 per cent in the case of 20 years old vehicles.
"Today the new scrap policy has been approved. A rebate of 50 per cent in taxes and penalties will be given for scrapping vehicles older than 15 years and 75 per cent waiver for vehicles older than 20 years will be given," the State minister said, adding that the new scrapping policy will help in controlling pollution.
As per the minister, the Centre will provide Rs 300 crore for this as assistance.
