• SENSEX
    NIFTY 50
Auto

Scrappage policy proposes hike in renewal fees for old vehicles from July 2020

Updated : September 24, 2019 06:31 AM IST

It's proposed to hike fee to renew the registration of a 4-wheeler vehicle older than 15 years from Rs 600 to Rs 15,000
Fitness test for old vehicles has also been proposed to be more frequent from July 2020
Ministry has been working on the draft of scrappage policy for over a year
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV