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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. The government has set the growth of 6.5

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Reducing the cost of electric vehicles

Electric Vehicles India

MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari.

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Scrap your old car, save big on your next buy: Major offers announced across India – ET Auto

Baua Electric

In what is expected to be significant boost for the govt’s efforts to speed up scrappage of old vehicles, as many as 21 states and UTs have announced some major concessions for car buyers who choose to scrap their cars, ToI reported on April 29. When it comes to private vehicles, 12 states are providing a 25% discount on road tax.

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The Budget 2009 - working towards sustainable transport

Green Cars News

Increasing company car benefit in kind tax in the future for all but the lowest carbon cars. Introducing a vehicle scrappage scheme. From April 2010 anyone buying a new car will pay a different rate of vehicles tax in the first year of registration. Company Car Tax. Confirming future increases in fuel duty. P11d value**.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

We would recommend signalling a phase-out date for new petrol vehicles between 2030 and 2032, and confirming that in law in 2024/2025. On the demand side, an ICE phase-out is easy to communicate to consumers, which will increase the perception that petrol-powered vehicles are becoming socially unacceptable. Scrappage schemes .

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Will you save money if you buy a green car? The Green Piece

Green Cars News

With millions of motorists across the country continuing to reel from the global economic crisis, predictions that petrol prices could hit 120p a litre by the end of the year are having a significant impact on our vehicle buying habits. Also factor in the savings that could be made on road tax, congestion and even car insurance.

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Is a green tax blitz justified? The Green Piece

Green Cars News

So would these tax hikes linked to the amount we pollute be justified? Is a green tax blitz justified? The 100-page report wants to double the proportion of green taxes in the current tax take from the existing level of seven per cent. Among its suggestions is a £300 tax on new cars, increasing annually to £3,300 by 2020.

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