Paying car road tax in Punjab is mandatory for all car owners. The state government levies this compulsory tax and the amount collected is used for road development and infrastructure maintenance. The amount of road tax depends on factors such as car category, model, usage of the vehicle, engine capacity, and more.
Road Tax for Four-Wheelers in Punjab
Car owners can pay the vehicle tax in Punjab online or offline, in cash or as a demand draft. Below are the details about the road tax in Punjab for cars.
Before Amendment:
- For Seating Capacity up to 4 Seats:
Below 3 Years: ₹1800
Between 3-6 Years: ₹1500
Between 6-9 Years: ₹1200
More than 9 Years: ₹900
- Sitting Capacity of up to 5 Seats:
Below 3 Years: ₹2100
Between 3 - 6 Years: ₹1650
Between 6-9 Years: ₹1200
More than 9 Years: ₹750
After Amendment:
- For personal use vehicles, 2% of the total worth of the car is charged.
- For commercial vehicles, tax rates are based on the type and usage of the vehicle.
Conclusion
Check both the on-road price and ex-showroom price of the car you are looking to purchase. Punjab road tax for cars can have varying differences in price as it depends on several factors. Also, get a proper car insurance policy to avoid paying excessive expenses when buying a car.
Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.