Madhya Pradesh Government Offers Tax Relief for Vehicles at Gwalior Trade Fair
The Madhya Pradesh government has introduced tax exemptions on vehicle registration and road taxes for sales at the Gwalior Trade Fair. This initiative, supported by local trade associations, aims to invigorate the local economy and enhance trade activities in the Gwalior-Chambal region. Union Minister Jyotiraditya Scindia expressed his commitment to fostering a self-reliant economy and assured ongoing support for local businesses. The decision is expected to benefit both traders and consumers significantly, marking a pivotal step in promoting economic growth in the area.
Jan 15, 2026, 20:26 IST
Support for Tax Relief Initiative
Gwalior/Bhopal. The Madhya Pradesh government has decided to provide exemptions on registration fees and road taxes for vehicles sold at the Shrimant Madhav Rao Scindia Gwalior Trade Fair. Representatives from the Madhya Pradesh Chamber of Commerce and Industry, the Automobile Dealers Association, the Gwalior Fair Traders Association, and the Confederation of All India Traders met with Union Minister Jyotiraditya Scindia to express gratitude for the significant support in presenting this proposal to the Chief Minister and for writing a letter advocating for it.
Boosting Local Economy
The delegation emphasized that this decision not only provides relief to traders but also injects new energy into trade, employment, and economic activities in the Gwalior-Chambal region.
Trade Fair as an Economic Hub
They noted that the exemptions on registration and road taxes would lead to a significant increase in vehicle sales at the trade fair, directly benefiting local traders, automobile dealers, and supporting industries. This decision is expected to be highly advantageous for consumers as well.
Invitation to the Chamber of Commerce
During this meeting, officials from the Madhya Pradesh Chamber of Commerce formally invited Minister Scindia to visit their chamber. The delegation expressed hope that under his guidance, the business community would continue to receive similar support in the future.
Synergy Between Trade and Development
Union Minister Jyotiraditya Scindia acknowledged the delegation's gratitude, stating that trade and industry are the backbone of development in any region. He highlighted that the state government's decision is a significant step towards promoting local businesses and fostering a self-reliant economy. He assured that both the central and state governments would continue to work together to create jobs and support trade and industry.
Presence of Key Officials
During the meeting, senior officials from the Madhya Pradesh Chamber of Commerce and Industry, the Automobile Dealers Association, the Fair Traders Association, and the Confederation of All India Traders Gwalior were present.