Industrial automobile costs to go up in Delhi as govt mulls climbing highway tax

The costs of automobiles, SUVs and business automobiles in Delhi might go up because the transport division proposes a hike in highway tax of some classes of automobiles, official sources mentioned on Monday.

The proposal for elevating highway tax on particular classes of automobiles has been forwarded by the transport division to the finance division, they claimed.

The highway tax on non-public automobiles in Delhi is presently as much as 12.5 per cent relying on gasoline sort and worth vary.

In its annual price range 2022-23, the Delhi authorities’s Transport Division has set the goal to gather round Rs 2,000 crore from varied taxes and charges.

(Solely the headline and movie of this report might have been reworked by the Enterprise Normal workers; the remainder of the content material is auto-generated from a syndicated feed.)

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