Registration fee waiver for new cars, 25% rebate on road tax: Gadkari unveils vehicle scrapping policy

Consumers will also get scrap value for the old vehicle given by the scrapping centre, which is approximately 4-6 per cent of ex-showroom price of a new vehicle. In addition, the registration fees may also be waived for purchase of a new vehicle against the scrapping certificate.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2P2dzSL