States offer tax incentives for scrapping old vehicles

A dozen states and Union territories have come on board to offer motor vehicle tax or road tax concessions while buying new vehicles in lieu of scrapping old ones. Five states have also notified a one-time waiver of pending liabilities on vehicles older than 15 years which are scrapped at the Registered Vehicle Scrapping Facilities.

from Times of India https://ift.tt/cb2E6Ak
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