Government Proposes Massive Hike in Vehicle Registration & Renewal

Government Proposes Massive Hike in Vehicle Registration & Renewal

The Road Transport Miniser Shri Nitin Gadkari has proposed a draft to hike the charges of vehicle registration and renewal in case of categories of vehicles running on conventional fuel.

Indian government has proposed that two wheeler pay Rs. 1,000 as registration charges for new vehicles, up from the current Rs. 50.

To register new petrol or diesel car you have to pay Rs. 5000 up from the current Rs. 500 and renewing their registering will cost Rs. 10,000. This is 12 times more than current prices for registration. 

Even re-registering vehicles (while buying used cars and two wheelers) will see a steep increase in registration charges. The government wants to charge two wheelers Rs. 2,000 for renewal and Rs. 1000 for new registration, which is 40 times more than the current rate of Rs. 50.

As for cars, re-registration charges are proposed to be hiked to Rs. 15,000 and this represents a 25 times increase in charges from the current Rs. 600.

Used cars and two wheelers will get expensive by Rs. 15,000 and Rs. 2,000 respectively as there’s no way that buyers can escape these charges.

In case of Cab, the registration fees Rs. 10,000 and renewal charges Rs. 20,000, up from the current Rs. 1000.

For Imported Vehicles, registration fees Rs. 40,000, up from the current Rs. 5000.

For Imported Motor Cycles, new registration fees Rs. 20,000 against the current charges Rs. 2500.

For passenger cars, the ministry wants to raise the registration fee from Rs 1,000 to Rs 5,000. The renewal fee for passenger cars could be raised to a maximum of Rs 10,000 from the existing Rs 1,000.

For trucks, the same could be hiked by over 1,200 per cent, from Rs 1,500 to Rs 20,000.

For commercial taxis, the ministry has sought to increase the renewal fee to approximately Rs 15,000 from the existing Rs 1,000; for trucks the renewal fee could be raised to Rs 40,000, up from the existing Rs 2,000.

A frequent fitness test for older vehicles has also been proposed, even as the ministry put on hold a scheme to make vehicle scrapping mandatory after 20 years. As per the proposal, additional Rs. 50 will be charged per day if the owner of old vehicle (more than 15 years) fail to get fresh fitness certificate before they expire.

This massive hike in registration charges do not apply to electric vehicles, which also have road tax exempted. This move from the government is meant to make electric vehicles more popular and discourage the used of petrol and diesel powered vehicles.

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