SINGAPORE: The Land Transport Authority (LTA) will reduce road tax for most vehicles from 1 July. In a statement, the LTA said road tax for cars, motorcycles, taxis and commercial vehicles will fall by 15 per cent.
Electric and hybrid cars will also see a 15 per cent decline in road tax rates.
The reduction in road tax is in line with the Government's on-going approach of gradually shifting from vehicle ownership costs towards usage measures to manage congestion on roads.
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