Owning a car in Delhi will has become costlier from today
with a new road tax regime coming into effect.
The registration charges of vehicles levied by the Delhi
government will now be on the basis of their price and not on
weight as was the case earlier.
Vehicles costing upto Rs 4 lakh will now attract ad valorem
tax of two per cent while those costing more than Rs 4 lakh
will be taxed at the rate of four per cent.
The proposal for introduction of ad valorem tax regime was
announced in the Budget session of 2003 but its
implementation was delayed as it needed Centre's approval.
