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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. There will be exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

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The Budget 2009 - working towards sustainable transport

Green Cars News

Introducing a vehicle scrappage scheme. Other detail changes from 6th April 2011 include: Drivers of Euro IV diesel cars registered before the 1st January 2006 are currently taxed at the same percentage rate as drivers of cars fitted with a petrol engine. Vehicle Scrappage Scheme. Confirming future increases in fuel duty.