Delhi Offers 10-Year Tax Waiver to Owners Who Scrap Old Commercial Vehicles
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The Delhi government has announced a scheme offering a 10-year tax waiver to owners who scrap their old commercial vehicles. An estimated 2.07 lakh truck and bus owners across the National Capital Region are eligible to benefit from the initiative. The relief package includes tax exemptions, registration-fee waivers, interest support, and discounts from manufacturers. The scheme is aimed at encouraging the replacement of aging commercial vehicles, likely to reduce pollution in the region.
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