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What does the New Scrappage Policy means for you? | The Urban Debate
Posted
March 19, 2021
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123
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March 19, 2021
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16:15Now PlayingOn The Urban Debate, Tanvi Shukla discusses the new scrappage policy that has now been introduced by the government and what it means for you and your old vehicles. The Finance Minister in the Union Budget 2021 announced the scrappage policy for both personal and commercial vehicles. The government has advised the manufacturers to provide a 5% discount on the purchase of new vehicles against a scrapping certificate that will be given out after giving up the old vehicle. There is also a road tax rebate of 25% for personal vehicles. The life of the personal vehicle has been set for 15 years for Delhi NCR, but across the country, the life has been set to 20 years.
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