Surat Promises Tax Relief for Electric Vehicle Buyers

SMOOTH RIDE | To reduce carbon footprint, owners of green vehicles ranging from Rs 1.50 lakh bikes to Rs 25 lakh cars will get benefit of Rs 3,000-1,00,000

- Melvyn Thomas

The residents of the diamond city of Surat are all set to get a huge bonanza from the Surat Municipal Corporation (SMC) on the 75th birthday of Prime Minister Narendra Modi on September 17. For the first time in the country, SMC is set to launch a green vehicle policy in Surat with the aim of giving big time relief in the vehicle tax on Electric Vehicles (EVs).

As per the policy, EVs ranging from Rs 1.50 lakh bikes to Rs 25 lakh cars will get a direct benefit of Rs 3,000 to 1 lakh. Thus, after becoming a clean city, Surat is now going to become a green city, taking a giant leap as being the model city in India.

‘Green Vehicle Policy’ to be implemented on PM Modi’s birthday Amidst the growing challenges of global warming and global concerns about air pollution, Surat Municipal Corporation has taken a revolutionary initiative by implementing the “Green Vehicle Policy”. This policy will be implemented on September 17, the birthday of Prime Minister Narendra Modi. The main objective of this policy is to reduce pollution in the city and promote the use of electric, hydrogen, and bio-fuel based vehicles. This policy will not only promote eco-friendly mobility, but it will also provide a model for other cities in the country. Under this policy, citizens who purchase green vehicles will be given a vehicle tax exemption for five years.