×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

  • 26 January, 2021

  • 8 Min Read

Green Tax

Green Tax

  • The Union Minister for Road Transport and Highways has approved a proposal to levy a ‘green tax’ on old vehicles.
  • Personal vehicles will be charged a tax at the time of renewal of Registration Certification after 15 years.
  • The policy will come into effect from April 1, 2022.

Provisions

  • The levy may differ depending on fuel (petrol/diesel) and type of vehicle.
  • The proposal will now go to the States for consultation before it is formally notified.
  • It includes 10-25% of road tax on transport vehicles older than eight years at the time of renewal of fitness certificate.
  • The proposal on green tax also includes a steeper penalty of up to 50% of road tax for older vehicles registered in some of the highly polluted cities in the country.
  • Revenue collected from this tax will be kept in a separate account and will be used for tackling pollution, and for States to set up state-of-art facilities for emission monitoring.

Exemptions to Green Tax

  • Vehicles like strong hybrids, electric vehicles and alternate fuels like CNG, ethanol, LPG etc to be exempted;
  • Vehicles used in farming, such as tractors, harvesters, tillers etc be exempted;

Positives of Green Tax

  • It will dissuade people from using vehicles which damage the environment
  • It will motivate people to switch to newer, less polluting vehicles
  • Green tax will reduce the pollution level, and make the polluter pay for pollution.

Other proposals

  • The Ministry also approved a watered-down policy of deregistration and scrapping of vehicles, bringing only those vehicles owned by government departments and PSUs and are older than 15 years under its ambit.
  • In 2016, the Centre floated a draft Voluntary Vehicle Fleet Modernization Programme that aimed to take 28 million decade-old vehicles off the road.

Source: PIB


Draft Indian Nutrition Rating (INR)

Draft Indian Nutrition Rating (INR) The country's top food regulator, the Food Safety and Standards Authority of India (FSSAI), has published a draft regulation for front-of-pack labeling. Major Points This draft notification addresses front-of-pack labelling in an effort to deter customers from purchasing packaged foods that are h

Social Audit of Social Sector Scheme

Social Audit of Social Sector Scheme The Rajasthan government has made the first-ever decision in the nation to create a specialized social and performance audit authority to undertake social audits of initiatives. What does this decision mean, exactly? Make public accountability a priority: In addition to conducting performance

Dharamshala Declaration 2022

Dharamshala Declaration 2022 & Tourism In India A recent three-day national tourist conference saw the introduction of the "Dharamshala Declaration 2022." Details about the news In the National Conference, the Center announced a comprehensive plan for the tourism industry. By 2024, tourism will have returned to its p

National Assessment & Accreditation Council (NAAC)

National Assessment & Accreditation Council (NAAC) & Higher Education The Maharaja Sayajirao University of Baroda's National Assessment and Accreditation Council (NAAC) ratings recently sparked controversy since the institution's grade increased from A to A+ as a result of improvements across all areas. What is India's

Ethereum Merger

Ethereum Merger The second-most valued cryptocurrency in the world, Ethereum, just underwent a substantial software upgrade. About: Ethereum redesign: This process is referred to as "The Merge." It will do away with the requirement for cryptocurrency miners and massive mining farms, which previously powered the blockchai

Toppers

Search By Date

Newsletter Subscription
SMS Alerts