Green tax for new vehicles to come into effect from April 1, valid for autos too; two-wheelers spared

Thiruvananthapuram: The environmentally friendly tax which has been imposed for the very first time in Kerala for new cars would be applicable to diesel autorickshaws as well.

Even even though this announcement was made in the Point out Funds, all through the subsequent discussions held in the Household Finance Minister K N Balagopal had hinted at exempting autorickshaws from the tax. But Rs 500 green tax has been imposed on new autorickshaws in the Finance Monthly bill which was passed on Friday.

Nevertheless outdated vehicles presently occur less than the purview of the environmentally friendly tax, autorickshaws and two-wheelers experienced been exempted. This exemption will proceed.

There will be no environmentally friendly tax on new two-wheelers.

A hike in the eco-friendly tax and land tax has been envisaged in the Finance Bill passed by the Legislative Assembly on Friday.

The hike of 10 p.c in fair benefit of land will be introduced out as a independent notification. All the hikes introduced in the Spending budget would appear into influence from April 1.

Eco-friendly tax for new diesel vehicles

Autorickshaw – Rs 500

Gentle cars – Rs 1,000

Medium cars – Rs 1,500

Significant vehicles – Rs 2,000

All other motor vehicles barring bikes – Rs 1,000

Car or truck type and Weight

Light-weight | Up to 7,500 kg

Medium | 7,500 to 12,000 kg

Hefty | Over 12,000 kg

Environmentally friendly tax for outdated vehicles

The inexperienced tax ranges from Rs 200 to Rs 600 for numerous category of outdated automobiles.

For all 4-wheelers which have accomplished 15 years a eco-friendly tax of Rs 600 has to be remitted the moment in every five many years at the time of renewing registration.

For mild transport cars with 4 wheels or a lot more Rs 200 has to paid each individual yr at the time of fitness assessment. The eco-friendly tax is Rs 300 each individual for autos which have accomplished 15 years.

For medium transport autos which have done 10 many years Rs 300 has to compensated just about every year at the time of renewing health and fitness and Rs 450 each individual soon after completing 15 a long time.

For significant transportation motor vehicles above 10 decades the eco-friendly tax is Rs 400 each each year at the time of renewal of health and fitness and Rs 600 every following completion of 15 years.