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Green Tax & New Scrappage Policy – Free PDF Download

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Published On February 5th, 2021 Leave a comment

Table of Contents

The News

The Details

Exemptions on strong hybrids, electric vehicles and those running on alternate fuels. Also on farm vehicles.
The revenue collected through the green tax will be kept in a different account and will only be utilised for tackling pollution.
Input from State governments is sought soon.
The policy is scheduled to come into force on April 1, 2022.

New Scrappage Policy

Why do we need such policies?

Will they Succeed?

Focus areas

Lets look at some ideas

Scrappage incentive:
- Austria – 1500 Euro
- China – 5000-15000 Yuan
- Germany – 2500 Euro (Premium when you buy new car)
- US – Car for clunkers – a $3 b incentive program ($3.5k to $4k)