Chief Minister Sheila Dikshit said two-wheelers costing up to Rs 25,000 would continue to be charged at the rate of 2 per cent as earlier.
However, two-wheelers costing between Rs 25,000 and Rs 40,000 will be charged at the rate of 4 per cent instead of the earlier 2 per cent. Two-wheelers costing more than Rs 40,000 will now invite tax at the rate of 6 per cent.
In the cars section, cars costing up to Rs 6 lakh will be charged at 4 per cent instead of the earlier 2 per cent, while those costing from Rs 6 lakh to Rs 10 lakh will invite road tax of 7 per cent. Cars costing more than Rs 10 lakh would be charged 10 per cent.
All cars costing over Rs 6 lakh till now invited 4 per cent road tax.
When asked what led to this sudden hike, the Chief Minister said this would go a long way in restricting purchase of luxury cars and discourage use of private vehicles.
The new rate will come into force after the issue of a notification, she said.
The Capital has no scope of expansion and has limited road length. With the registration of around 1,000 new vehicles every day, the city is increasingly witnessing long traffic jams. There are around 60 lakh vehicles in Delhi, the Chief Minister said.
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With thanks : Source : Tribune
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