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Friday, March 19, 2010

Road Tax Up, Pay More For Your New Car

Come April and you will have to pay more `road tax' -- or registration fee -- on the new cars and two wheelers that you buy.
The Delhi government has decided to increase road tax on new vehicles in the upcoming state budget, due on Monday.
It proposes to raise road tax on cars priced at less than Rs 4 lakh from the existing two per cent (of ex-showroom price) to four per cent.


The government has pro- posed different tax slabs rang- ing from five per cent to nine per cent on cars priced at more than Rs 4 lakh.
That means a Honda Civic 1.8V AT (ex-showroom cost Rs 13. 71 lakh) at six per cent road tax will now be dearer by Rs.27,420. A Maruti Alto Lxi (ex-showroom Rs.2.63 lakh) at four per cent will be dearer by Rs 5,267.
Road tax in Delhi is, at pres- ent, among the lowest in the country.
for detailed news, plz click the headline above.
with thanks : source : Hindustan times

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