Thu, May 29, 2025
Whatsapp

Punjab scrap policy: Get up to 25% tax rebate on next vehicle purchase, check details

Punjab Cabinet has decided to give Motor Vehicle Tax rebate of up to 15% to the Transport Vehicle Owners and 25% to Non-Transport Vehicle Owners in Motor Vehicle Tax under Section 13(3) of the Punjab Motor Vehicle Taxation Act, 1924.

Reported by:  PTC News Desk  Edited by:  Dinkle Popli -- January 06th 2023 04:00 PM
Punjab scrap policy: Get up to 25% tax rebate on next vehicle purchase, check details

Punjab scrap policy: Get up to 25% tax rebate on next vehicle purchase, check details

Chandigarh, January 6: The Punjab Cabinet led by the Chief Minister Bhagwant Mann on Friday decided to give motor vehicle tax rebate on purchase of new vehicles by owners of scrapped vehicle.

With respect to the Scrapping Policy introduced by the Ministry of Road Transport and Highways, regarding registration of new vehicles, the Punjab Cabinet also decided to give Motor Vehicle Tax rebate of up to 15% to the Transport Vehicle Owners and 25% to Non-Transport Vehicle Owners in Motor Vehicle Tax under Section 13(3) of the Punjab Motor Vehicle Taxation Act, 1924. 


Also Read | Covid-19: India logs 175 cases in 24 hours

As per this environment friendly decision, the owners of transport vehicles can take advantage of this scheme up to 8 years from the registration of their vehicle and owners of non-transport vehicles up to 15 years from the registration of their vehicle. When the vehicle is scrapped by the vehicle owner, the vehicle will be purchased by the scrapper who will issue a "Certificate of Deposit" to the vehicle owner, which will be deposited with the concerned Licensing Authority and the owner of the vehicle will get the exemption on Motor tax.

In another significant decision, the Cabinet also gave its nod to amend the education qualification for direct recruitment and promotion to post of Sister Tutor in Punjab Health and Family Welfare Technical (Group B) Service Rules, 2018 of the Department of Health and Family Welfare. As per the decision M.Sc (Nursing) will be education qualification for the direct recruitment to the post of Sister Tutor. Likewise, for promotion as Sister Tutor minimum ten years experience as Staff Nurse (Group C) along with educational Qualification of B.Sc (Nursing) will be mandatory.

 The Punjab Cabinet also approved the Policy for Disbursement of Discretionary Grants by Chief Minister and Cabinet Ministers for creation and repair of existing basic infrastructure, environment improvement and fulfilling the basic needs of the poor residing in Punjab. As per the decision, the Chief Minister will have Rs. 5.00 Crore in his discretionary quota whereas Cabinet Ministers will have Rs 1.50 Crore each in their discretionary quota during a financial year.

- With inputs from agencies

Top News view more...

Latest News view more...

PTC NETWORK