Big Blow for Vehicle Owners: Government to Hike Renewal Fees for 15 and 20-Year-Old Vehicles!
The central government has proposed a significant increase in the renewal fees for vehicles older than 20 years to curb environmental pollution.
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New Delhi: The central government has proposed a significant increase in the renewal fees for vehicles older than 20 years to curb environmental pollution. If approved, the new charges will make it more expensive for owners to keep aging vehicles on the road.
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Proposed Fees for Two-Wheelers, Three-Wheelers, and Cars
As per the proposal, vehicle owners may have to pay the following revised fees:
- ₹2,000 for two-wheelers
- ₹5,000 for three-wheelers
- ₹10,000 for cars
Higher Charges for Commercial Vehicles Under Consideration
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The proposal also includes a substantial hike in renewal fees for commercial vehicles:
- ₹25,000 for medium passenger and goods-carrying vehicles
- ₹36,000 for heavy vehicles
Additionally, for 15-year-old medium passenger and goods vehicles, a fee of ₹12,000 has been suggested, while heavy vehicles of the same age category may be charged ₹18,000.
The proposal, aimed at reducing pollution from older vehicles, is yet to receive final approval. If implemented, it will significantly impact vehicle owners across the country.