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Uniform road tax structure
April 22 , 2018
2412 days
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- The Group of Ministers (GoM) constituted by Union Ministry of Road Transport and Highways has proposed One Nation One Tax policy for seamless movement of commercial vehicles across the country.
- The 2-day meeting of GoM headed by Rajasthan transport minister Yoonus Khan was held in Guwahati, Assam.
- It will
- Allow transfer of vehicles from one state to another without levying road tax.
- Check on people registering their vehicles in low tax states and running them in other states.
- Centre has the powers to decide principles on which motor vehicles tax can be levied. The uniform tax should be based on invoice price of vehicles in three slabs.
- 8% tax on vehicles below 10 lakhs, 10% for vehicles costing between 10 -20 lakhs, and 12% for vehicles above 20 lakhs.
- Diesel vehicles may have to pay 2% extra taxes, while electric vehicles will be given 2% discount.
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