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New Bharat series announced for vehicle registration

The Ministry of Road, Transport and Highways (MoRTH) has announced new Bharat series or BH-series registration of vehicles. Under the new Bharat Series, a vehicle bearing this registration mark will not require a new registration number when the owner shifts from one state or union territory to another. The vehicle registration facility under 'Bharat series' will be available voluntarily to Defense personnel, employees of Central and State Government, Central and State Public Sector Undertakings and private sector organisations, that have their offices in four or more States / Union territories. The motor vehicle tax for a private vehicle will be 8 per cent in case the vehicle is priced up to Rs. 10 lakh. It will increase to 10 per cent for vehicles priced between Rs. 10-20 lakh, while the vehicles priced above Rs. 20 lakh will attract a tax of 12 per cent. An additional two per cent extra charge will be levied on diesel vehicles, while the government will offer a two per cent reduction in tax for electric vehicles. The motor vehicle tax will be levied for two years. After completion of the fourteenth year, the tax shall be levied annually at half of the amount which was charged earlier for the vehicle.

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