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Green Tax
February 1 , 2021
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- The Ministry of road transport has decided to impose the additional taxes.
- It will be on old vehicles that are no more fit on road.
- Green tax is also called as the pollution tax or environmental tax
- The decision was taken to curb pollution.
- It will also make the polluter to pay for creating pollution.
- It will also motivate people to switch to environment-friendly alternatives to the vehicles.
- Under the Green Tax norms, the transport vehicles older than eight years will be charged with the green tax at the time of renewal of fitness certificate.
- They will be charged at the rate of 10 to 25% of road tax.
- While, the Public transport vehicles like city buses will be paying lower Green Tax.
- However, the vehicles used in farming like tractor and harvester will be exempted from the tax.
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