Business News
Home > Business News
Goa cuts road tax by 50% for all new vehicles
TIWN
TIWN
PHOTO : TIWN
Panaji, Oct 9 (TIWN) In a bid to incentivise purchase of new vehicles, the Goa cabinet on Wednesday rolled back road tax by 50 per cent for all new vehicles till December 31, Chief Minister Pramod Sawant announced here.
The decision comes a day after promoters of car dealerships in the state warned of a dip in car sales and requested the state government to incentivise purchase of vehicles
Currently, the road tax slabs for vehicles range from 9% for two wheelers to 15% for cars, depending on the price of the vehicle.
Add your Comment
Comments (0)
More Business News
- Mexico’s 50% Tariff Rise to hit $1 Billion India Car Exports
- Indian Railways Deploys AI Enabled Intrusion Detection System to Prevent Elephant Collisions in 141 RKms on NF Railway
- Gautam Adani meets Andhra Pradesh CM Chandrababu Naidu in Amaravati
- Indian Rupee Plummets to Record Low Past 90 per US Dollar
- Trump Administration Removes Tariffs on Over 200 Food Items Including Beef
Special Articles
Sanjay Majumder
Anirban Mitra