Friday, August 6, 2010
Green Tax - Maharashtra
Maharashtra is all set to levy green tax . Now, non commercial vehicles running on the roads of Maharashtra, which are more than 15 years old and commercial vehicles more than 8 year old will have to pay this tax. However, to implement this rule , the State Government will have to amend the Mumbai Motor Vehicles Tax Act , 1958. This revenue would be used on pollution control, public awareness, strengthening the public transport system and procure better technologies for vehicle certification. The rate of green cess will be 10% of the vehicle tax for heavy vehicle with a load carrying capacity of 7500kg. Lighter vehicles will have to pay 2.5% of their vehicle tax.