Govt proposes lower rate of third party premium for EVs for next FY - Shahpur Turk CSC - Common Service Centre in Sonipat Govt proposes lower rate of third party premium for EVs for next FY

05 March 2022

Govt proposes lower rate of third party premium for EVs for next FY

The road transport ministry has proposed a lower rate of third party (TP) premium for electric and hybrid electric vehicles for the next financial year while proposing a marginal increase in the premium for all other categories of vehicles. The only exception is for the multi-axle trailers where the premium may increase by nearly 6%.

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