Question – On 24 November 2021, the ‘Andhra Pradesh Motor Vehicle Taxation (Amendment) Bill, 2021’ was passed in the Andhra Pradesh Legislative Assembly. According to this bill, how much green tax will have to be paid every year on transport vehicles that are 7-10 years old from the date of registration?
(a) Rs 2000
(b) Rs 2500
(c) Rs 4000
(d) Rs 5000
Answer—(c)
Related facts —
- The “Andhra Pradesh Motor Vehicle Taxation (Amendment) Bill, 2021” was passed in the Andhra Pradesh Legislative Assembly on 24 November 2021.
- Key points of the bill —
- It aims to discourage people from using vehicles that harm the environment and motivate them to pay attention to newer and less polluting vehicles.
- Green tax of Rs 4000 per annum will be payable on transport vehicles that are 7-10 years old from the date of registration.
- If the vehicle is 10 to 12 years old, then this amount will be Rs 5000 per annum.
- Vehicles older than 12 years from the date of registration will have to pay green tax of Rs 6000 per annum.
- Tax on new vehicles costing less than Rs 5 lakh will increase by 1 percent.
- The tax on vehicles costing between Rs 10 lakh to Rs 20 lakh will increase by 3 per cent.
- There will be an 18 percent increase in tax on luxury vehicles costing more than Rs 20 lakh.
By – Pankaj Pandey
Link:
https://www.thehindu.com/news/national/andhra-pradesh/green-tax-on-all-vehicles-more-tax-on-new-vehicles/article37674385.ece
https://www.newindianexpress.com/states/andhra-pradesh/2021/nov/24/non-transport-vehicle-tax-may-rise-2387481.html
https://www.thehindubusinessline.com/news/andhra-pradesh-to-impose-green-tax-on-vehicles/article37677132.ece