The Ministry of Road Transport & Highways (MoRTH), vide its notification on January 25, 2021 has proposed to introduce a green tax on transport vehicles (buses, taxis, trucks) older than eight years in the range of 10-25% of the applicable road tax. For personal vehicles, green tax is proposed for vehicles older than 15 years (rates not specified yet). This green tax could be higher (50% of road tax) for vehicles in highly polluted cities. Approval for the proposal is now pending with state governments given road tax is a state subject, post which it is expected to be notified in...