3 years ago
Now, those who ride motorcycles and cars older than 14 years have to pay an additional 5 percent 'old age tax' annually. Earlier, the government had fixed only a certain age for public transport but now it has forced the private sector to pay additional tax to reduce air pollution from old vehicles.
As per the rules applicable for the operation of public transport, public transport cannot be operated after 20 years of production. Such vehicles have to be scrapped.
However, there is no age limit for vehicles registered for private use, so the government has been levying an additional 5 percent annual tax after 14 years of private vehicle registration.
Provision has been made in the Vehicle and Transportation Management Act 2049 BS to charge such additional fee on both cars and motorcycles.
Similarly, the State Vehicle and Transport Management Act 2075 made by the Bagmati State Government has a provision to levy 5 percent additional tax on cars and motorcycles after 14 years of age.
Now the government has fully implemented such a rule. The traffic management office has informed that the traffic police will inform the owners of private vehicles older than 14 years about the additional tax at any time while checking the bill book.
According to the Transportation Management Office, there is a legal provision to increase the additional tax at the rate of 5 percent every year.
For example, motorcycles and cars have to pay 5 percent of annual tax in 15 years of production, 10 percent in 16 years, and 15 percent in 17 years. Thus, the annual tax increase of 5 percent can reach 100 percent. There is no provision to increase such additional tax after reaching 100 percent.
