Government think tank NITI Aayog has made a case for higher tax on big cars and SUVs, and promotion of mass transport system like metro rail to improve air quality in the draft National Energy Policy.
The proposed National Energy Policy has also pitched for providing conducive regulatory framework to encourage investments in the energy sector in India which would around USD 3.6 trillion between 2015 and 2040. “Further widening taxation differential between cars (higher tax for big cars/ SUVs) will promote adoption of more fuel-efficient cars,” stated the draft National Energy Policy on which NITI Aayog has sought public feedback till July 14, 2017. Read More
Credit By: Money Control
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