New Year Rule Change, FASTag, Car Price Hike: New year has started from today. Many rules related to automobile industry have changed from today, which is very important for you to know. Let’s know-
Cars and towers become expensive
Buying a car in India has become expensive since 1 January 2021. Now you have to pay more than before to buy a car. Automobile companies are going to increase the price of many of their models by 5 percent in the new year. In such a situation, buying a car will now become expensive for you. The automobile companies that are going to increase the price of their vehicles include Maruti Suzuki India, Nissan, Renault India, Honda Cars, Mahindra and Mahindra, Isuzu, Audi India, Volkswagen, Ford India and BMW India. At the same time, bike-scooters of the two-wheeler company Hero MotoCorp have also become expensive from 1 January.
Validity of vehicle document increased
If the validity of important documents like your driving license, RC and fitness certificate is about to expire on the new year, then you need not worry. The government has increased their legitimacy. On 31 December, the validity of increasing the vehicle related papers was ending, in which once again people have been given relief. Now, if the validity of any of the documents of your vehicle has expired from 1 February 2020 and you are unable to renew it, then there is no problem, they will now be considered valid till 31 March.
Fastag’s deadline also progressed
If you have not yet fastened your four wheel vehicle, then there is nothing to worry about. The government has extended the last date of Fastag for one and a half months to February 15 for this. The deadline was January 1, 2021. According to the National Highway Authority of India (NHAI), Fastag’s share in toll transactions is currently around 75% -80%. In such a situation, the government wants to increase this figure to 100%. Experts also believe that to avoid long queues at toll plazas, people also want to pay with Fastag.