Road Tax On Luxury Cars To Be Raised Three Times

The one-time road tax or registration fee imposed on new four-wheelers is set to be raised in the national Capital. The Delhi Government's transport department is bringing a Cabinet proposal pertaining to increase in the road tax on the new vehicles, with special focus on luxury cars. The proposal is expected to be discussed in the Cabinet meeting on Monday. 

The minimum road tax to be proposed is four per cent on the car priced less than Rs four lakh. The cars like Maruti Eeco, Chevrolet Spark, Tata Indica, Maruti Zen will come into the above category. The maximum road tax is proposed to be 12 per cent on the car priced above Rs one crore. BMW M series, Porsche, Mercedes Benz SL Class, Audi A-8, Rolls Royce Ghost, Lamborghini Gallardo Coupe will fall into this category. 

Currently, there are two slabs of the road tax in the Capital. The lowest is two per cent for cars costing up to Rs four lakh. The highest road tax is fixed at four per cent for cars costing more than Rs four lakh. It would be pertinent to mention that Delhi Government has generated revenue over Rs 530 crore from registration of new vehicles. 

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With thanks : source : Daily Pioneer

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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.

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with thanks : source : Hindustan times

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