Cars and two-wheelers to be pricier in Haryana

Haryana state cabinet yesterday decided to increase road tax for two-wheelers and cars in the state. Buyers will now have to pay 3 per cent for cars costing up to Rs 6 lakh, for the cars costing between Rs 6 lakh and 10 lakh, six per cent tax will be charged. Earlier, it was 2 per cent for vehicles costing up to rs 5 lakh, 4 per cent for vehicles in Rs 5-10 lakh range, 6 per cent for Rs 10-20 lakh vehicles, while 8 per cent on vehicles above Rs 20 lakh.

While in the case of two-wheelers, tax on the vehicles costing up to Rs 20,00 will remain the same 2 per cent. Two-wheelers costing above 20,000 and up to Rs 60,000 will be applicable for paying 4 per cent tax. Taxes on the two-wheelers costing above Rs 60,000 to Rs 2 lakh will be 6 per cent, and 8 per cent for the vehicles priced above Rs 2 lakh, according to an official release.

The release further said that the govt of Punjab has already revised its tax rates and is now charging a minimum tax of 6 per cent on four-wheelers from the year 2012. A similar kind of proposal is also under review of the Chandigarh Administration. It further said that the road taxes charged in Delhi too are higher than that of the Haryana.

Source: PTI