In a significant move, the Bihar government has decided to reduce the registration charges for new vehicles, including bikes, autos, cabs, and more. This decision aims to lessen the financial burden on the people of Bihar and encourage the purchase and registration of commercial vehicles in the state. The decision was approved by the Nitish Kumar-led cabinet during a meeting held on Wednesday.
The reduced registration charges will apply to various types of vehicles. For instance, the registration fee for motorcycles will now be Rs. 1150 instead of the previous Rs. 1500. Similarly, the registration charges for autos have been reduced from Rs. 5650 to Rs. 1150, and for cabs from Rs. 23650 to Rs. 4150. This significant reduction in registration fees is expected to boost the sales and registration of commercial vehicles in Bihar.
Additionally, the government has also decided to reduce the permit and trade fees by one-third. For example, for mini-buses accommodating 13 to 23 passengers, the permit fee has been reduced from Rs. 23650 to Rs. 7150. This reduction in fees is aimed at increasing the number of commercial vehicles on the roads of Bihar, thereby boosting economic activity in the state.
The decision to reduce registration charges and permit fees has been welcomed by the Bihar Transport Minister, Sheel Mandal. Mandal emphasized that this move has been long-awaited and will benefit those earning a livelihood through auto-rickshaws in the state. The government’s decision to ease the registration and permit fees for vehicles is a step towards facilitating the ease of doing business in Bihar.
In conclusion, the Bihar government’s decision to reduce registration charges for new vehicles is a positive step towards promoting economic growth and increasing the number of commercial vehicles in the state. This move will not only benefit the people of Bihar but also contribute to the overall development of the state’s transportation sector. Download the app for more updates and information on this topic.