Cabinet Approves New Road Tax Structure for Construction Vehicles

The Union Cabinet has approved a new policy allowing for either an annual or one-time road tax payment for construction vehicles, simplifying compliance for infrastructure companies.

This reform is designed to reduce the administrative burden on contractors and streamline the registration process for heavy machinery used in national development projects.

The Ministry of Road Transport and Highways will implement the new tax framework effective immediately, aiming to boost efficiency in the construction sector across the country.