When the government started collecting OTT( ONE time tax ) it was considered that no tax will be collected for that vehicle again, in life time of that vehicle and hence it was called as one time tax.
What is OTT in RC card?
Pl.let me know about one time tax. ( Pvt.Car ) It is understood that O.T.T. is valid for 15 years and needs to renew again . Also require to inspect the vehicle by R.T.O at the time of Renewal.
What is Ott and LTT?
hey buddy LTT is life time road tax and OTT is one time road tax! They both mean the same ? ( coz you pay tax for individual vehicles only once)
What is RTO charges for car?
New Car Registration Charges
| TYPE OF CHARGE | AMOUNT |
|---|---|
| Number Plate Charges | Rs. 230 400 Same for HSRP Number Plate |
| Parking Fee/State Development Charges | Rs. 2,000 MCD Parking Fees for cars under Rs. 4 Lakh Rs. 4,000 MCD Parking Fees for cars above Rs. 4 Lakh (Only some states impose this charge) |
What is LTT in RTO?
Again the term LTT(life time tax) means that you pay only once. When you move to new city, you have to pay it again and get a refund from the old RTO. Since the RTO’s are corrupted you can barely get your money back from your old RTO and you end up paying twice the LTT.
What is the maximum speed limit for motor cycle?
Cars can drive at a maximum speed of 100 kmph and motorcycles at 80 kmph. The road transport ministry has notified the revised speed limits.
What is lifetime road tax in India?
Rules and regulations for a few states of India
| Age of the vehicle | 4-wheelers less than Rs.5 lakh | 4-wheelers more than Rs.10 lakh but less than Rs.20 lakh |
|---|---|---|
| New | 13% of the vehicle’s cost | 17% of vehicle’s cost |
| More than 4 years but less than 5 years | 75% | 75% |
| More than 15 years | 25% | 25% |
What is meant by MV tax?
Road Tax, which is also known as Motor Vehicle (MV) Tax, is paid at the time of registration of a vehicle at respective Regional Transport Office.
How is RTO tax calculated?
The road tax for all four-wheelers is calculated by taking into consideration the cost price of the vehicle. Presently, the percentage of road tax in this state is 7%. For example, if your vehicle has an ex-showroom price of INR 5 lakhs, then you will have to pay a road tax of INR 35000.
What is the full form of RTO?
Regional Transport Office (RTO) The Motor Vehicles Department has been established under section 213(1) of the Motor Vehicles Act, 1988.
Which state has highest RTO tax?
Road tax on passenger vehicles is the highest in Karnataka, across all price slabs. Overall, road tax is more than 10% in Karnataka, Tamil Nadu, Andhra Pradesh and West Bengal.
Which state has lowest RTO tax?
Which state has the lowest RTO tax? The north-east region has the lowest road tax. Himachal Pradesh is among the lowest in India.
Which state is cheapest to buy a car in India?
Cheapest states to own a car in India
- Puducherry.
- Chandigarh.
- Himachal Pradesh.
- Daman & Diu.
- Jammu & Kashmir.
- Assam.
- Gujarat. Hyundai Creta’s 1.5 E Diesel costs Rs 11.68 Lakhs (on-road Ahmedabad).
- Jharkhand. Hyundai Creta’s 1.5 E Diesel costs Rs 11.27 Lakhs (on-road Ranchi, Jharkhand).
Why Karnataka RTO is high?
It might look as a drive to reduce the vehicles on roads but in REALITY the government is just banking on the spending power of consumers in bangalore. karnataka as you know is most corrupt state in india and its looking at all ways to loot money from the karnataka people.
What is smart card in RTO?
A smart card Driving License is a tamper-proof plastic card with an embedded microprocessor chip of 64 kb memory that stores all your information.The smart card holds all your biometric information such as your blood group, thumb & fingerprint, body marks, etc. Your RTO also holds the same data.
What is Rlw and Ulw?
Goods Vehicle: Goods vehicles are usually taxed on the basis of the Registered Laden Weight (RLW), as Gross Vehicle Weight (GVW) or Un Laden Weight (ULW).
Which road in India has the highest speed limit?
Speed limits in India vary by state and vehicle type. In April 2018, the Union Ministry of Road Transport and Highways fixed the maximum speed limit on expressways at 120 km/h, for national highways at 100 km/h, and for urban roads at 70 km/h for M1 category of vehicles.
What is the highest speed limit in the world?
160 km/h
The first numeric speed limit for automobiles was the 10 mph (16 km/h) limit introduced in the United Kingdom in 1861. As of 2018 the highest posted speed limit in the world, 160 km/h (99 mph), applied on two motorways in the UAE.
Which road has no speed limit?
autobahns
Germany’s autobahns are famous for being among the few public roads in the world without blanket speed limits for cars and motorcycles.
How many years we can use a car?
The RTO has laid down rules for scrapping old vehicles in India. As per the norm, cars that are older than 15 years cannot be used. Though they can be transferred to a new state for re-registration, it is a hassle. Instead, one can scrap the car.
Can I drive a car without road tax?
It’s illegal to drive on the road with an untaxed vehicle, but there are certain situations where it is allowed. If you’re taking your car to a pre-booked MOT test, you can drive your vehicle on a road without it being taxed.The law states a vehicle licence must be renewed on an annual or six-monthly basis.
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