Scrap Policy: The government is making a significant offer to convert old cars into scrap and receive tax exemption benefits.

 

Scrap Policy: The Delhi government's goal with this policy is to get old, dirty cars off the road so that greater emission standards and lower pollution levels can be reached by more people.

The Delhi government's scrap policy aims to reduce the number of old, polluting cars on the road by encouraging the usage of more environmentally friendly automobiles with higher emission requirements.

Up to a 10%–20% tax break is available when buying new cars.

The Delhi government stated in a statement that owners who decide to declare their old cars rubbish will receive a tax exemption of between 10 and 20 percent when buying new cars. According to the announcement, Chief Minister Atishi has given his approval to a program of incentives designed to encourage the initiative of turning obsolete cars into rubbish. We will notify you of this policy shortly.

Scrap Policy: The government is making a significant offer to convert old cars into scrap and receive tax exemption benefits.https://t.co/buEF0i3Y7y pic.twitter.com/iakK9QffH7

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The discount will be applied when purchasing a car within three years.

According to a statement released by the Delhi government, those who opt to turn their old cars into garbage will receive incentives in the form of a three-year motor vehicle tax exemption when they buy new cars. 20% of the purchase price of non-commercial CNG and gasoline vehicles, 15% of the purchase price of commercial CNG and gasoline vehicles, and 10% of the purchase price of diesel vehicles will be exempt from taxes under this incentive program.

Vehicles that emit pollutants will be taken off the road.

The Delhi government's program is to reduce the number of outdated, polluting cars on the road in order to encourage the adoption of cars with improved emission standards and lower pollution levels. After donating his old car for scrap at a facility center that is registered, an individual must obtain a deposit certificate in order to be eligible for benefits under this plan. When he presents that certificate within three years of registering a new car, he will be eligible for tax relief.

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