June 25, 2024

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UP cabinet approves road tax relief to EV manufacturers, increases traffic fines, Auto News, ET Auto

The Cabinet approved tax exemption for the manufacture and promotion of electric vehicles to encourage their production.
The Cabinet permitted tax exemption for the manufacture and promotion of electrical automobiles to really encourage their production.

Lucknow: The Uttar Pradesh cabinet on Tuesday permitted highway tax aid to makers of electrical automobiles and announced a enormous boost in fines for site visitors violations.

It passed a proposal less than which there will be a penalty of Rs 500 for completely wrong parking for the to start with time and Rs one,500 for the next time. There is also a penalty of Rs one,000 for riding with no a helmet and of Rs 10,000 for those people not offering way to fireplace brigades and ambulances.

There will be a penalty of Rs 2,000 for generating hindrance in government’s do the job and Rs 10,000 for receiving licences by hiding specifics, senior minister and government spokesman Sidharth Nath Singh mentioned.

The Cabinet also gave its nod for growing monetary help to the family members of Army and paramilitary forces’ personnel killed in the line of duty from Rs twenty five lakh to Rs fifty lakh, he mentioned, introducing that it comes into result from April one.

The Cabinet assembly presided above by Main Minister Yogi Adityanath permitted growing the monetary help provided to the wife and dependents of jawans hailing from the condition and whose family members reside below.

Among other conclusions, the Cabinet permitted tax exemption for the manufacture and promotion of electronic automobiles to really encourage their production.

There will be 100 for each cent exemption in highway tax on the to start with 1 lakh two-wheeler electronic automobiles to be produced and 75 for each cent exemption for 4-wheelers, he mentioned.

The Cabinet decided to give six.fifty acres of land in village Devri in Mirzapur district for free to the central government for location up a Kendriya Vidyalaya there.

Also Read through: Eco-friendly plates for inexperienced autos: Britain boosts zero-emission transport