What’s inside:
Vehicle owners in Bihar can now scrap their old vehicles locally, which will help reduce pollution and save on new vehicle taxes.
The Bihar government has announced a new plan for vehicle owners. Now, they can scrap their old vehicles right in Bihar instead of going to nearby states like Uttar Pradesh or Jharkhand. This is a big move to cut down pollution and help people save money when buying new vehicles.
Many vehicle owners in Bihar have been taking their old cars to other states to scrap them because of better deals there. The government realized this was causing a loss of revenue. To tackle this, they are changing the policy to make scrapping easier and more beneficial for the residents of Bihar.
There are over 25 lakh vehicles in Bihar that are more than 15 years old, but only about 2,000 of them have been scrapped so far. To speed things up, the Transport Department has approved the opening of 20 new vehicle scrapping centers across the state. This means more options for people looking to scrap their old vehicles.
In neighboring states, like Uttar Pradesh, there are good tax benefits for scrapping old vehicles. In Bihar, the new policy will also offer attractive tax exemptions for old vehicle owners. They will need to apply online to get a ‘Scrapping Certificate’ after depositing their vehicle at a scrapping facility, which will help them save on taxes for a new vehicle.
The main goal of this new policy is to remove old and unused vehicles from the roads. This will not only help improve the air quality but also make traffic safer and smoother. Vehicle owners in Bihar can look forward to better facilities and an easier process for scrapping their old vehicles.
Summary:
- New scrapping policy introduced in Bihar.
- Vehicle owners can scrap vehicles locally now.
- 20 new scrapping centers will be opened.
- Online application needed for tax benefits.
- Aim to reduce pollution and improve traffic safety.
