Under its newly introduced Electeic Vehicle Policy, Delhi government has announced the exemption of tax on battery-operated vehicles in the city. The exemption has begun from October 10, the Delhi government’s transport department said in a notification.
The Delhi Electric Vehicle Policy which was announced last month aims to integrate electric vehicles’ operation across the city. The move will attract people to buy more electric vehicles to contain the pollution level. The policy aims to register 5 lakh vehicles by the end of 2024.
The road tax has always been an issue for vehicle owners. It depends on the cost of the vehicle and the fuel it uses. If vehicles costs up to Rs 6 lakh, a road tax of 4 per cent is levied. On a vehicle costing more than 10 lakh, road tax increases to 12.5 per cent.
Under its EV policy, Delhi government will provide an incentive of up to Rs 30,000 for two-wheelers, autos, e-rickshaws and goods carriers. The amount will increases up to Rs 1.5 lakh for purchase of electric cars, officials said.
The subsidy will be paid to eligible buyers within two days of their purchase.
“The vehicle dealers will access the software and fill the details of the electric vehicle and its buyer at the time of sale. Within 48 hours, subsidy amount will be credited in the bank account of the buyer after verification by concerned motor licencing officers,” the government officer said.
The government is also planning to waive off registration fee under the EV policy. As of now, the policy for exemption of registration fee have been made available for public opinions.
“Another crucial step towards ensuring a pollution-free Delhi. This incentive-based policy will encourage large scale adoption of electric vehicles, and bring us closer to fulfilling our dream of making Delhi the EV capital of India,” CM Arvind Kejriwal tweeted.
