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BS-IV cars purchased till March 2020 to be valid: Nirmala Sitharaman

In a bid to revive the economy, Finance Minister Nirmala Sitharaman on Friday made a bunch of announcement to boost the growth. For the auto industry, which is facing its worst-ever slump, Sitharaman said that the government has decided to increase the vehicle depreciation to 30 per cent. The higher vehicle registration fee has also been deferred to June next year.

Updated : 23 August 2019, 10:47 PM