Thursday, September 29, 2011

Diesel cars to cost more in Delhi

uying a diesel-run car will pinch you more from Thursday  with Delhi Government increasing the registration fee for such vehicles by 25 percent on the existing amount.

Officials said the registration fee for low priced diesel vehicle will increase by at least Rs 6,000 while the hike could be in the range of Rs 20,000 to Rs 30,000 for high-end luxury cars as well as goods carriers.

On an average 1,200 to 1,400 vehicles are registered in the city daily, out of which around 30 per cent are diesel cars.

Chief Minister Sheila Dikshit while presenting the annual budget in March had proposed to levy additional tax on all diesel-propelled vehicles specified in the schedule-I of the Motor Vehicle Taxation Act 2004.

Officials said Lt Governor Tejendra Khanna has signed the file effecting the hike.

They said diesel vehicles attracting four per cent of the total cost as registration fee will now have to pay five per cent while vehicles having to pay seven per cent tax will have to pay 8.75 percent as registration fee.

The high end luxury cars will attract registration fee of 12.5 percent instead of existing 10 percent.

The Chief Minister had proposed the hike in registration fee of diesel vehicles with an aim to discourage people to buy such vehicles due to environmental concerns.

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