Chandigarh does Singapore: Puts a cap on number of vehicles that can be sold; Road tax = 50% of car price.

NextBigWhat. reports:
Doesn't matter whether you have an infra like Singapore or not, but you can always have policies like them. Starting Jan 2018, those who will purchase a car worth Rs 10 lakh and above, will have to shell out half the price of the car as road tax, which at present is 6% the cost of the vehicle. Those interested in purchasing a car will have to buy a certificate of entitlement (COE) from the administration after paying a prescribed fee.
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