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Calculate scrappage value under vehicle scrappage policy
Scrappage Value
Government Incentive (25%)
Total Scrappage Benefit
Vehicle scrappage policy in India: owners of vehicles >15 years old can scrap with benefit. Scrappage value: 4-6% of original price. Government incentive: 25% extra benefit. Total: 5-8% of original price. For ₹10L car (20+ years): scrappage ₹40-50k + incentive ₹10-12k = ₹50-62k benefit. Plus: tax waiver, discount on new vehicle purchase (₹1-1.5L), disposal certificate. Aimed at reducing pollution from old vehicles.
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