The forecast for air pollution-related transport tax revenue in India indicates a steady decline from 2024 to 2028. In 2024, the projected revenue is 19.31 with each subsequent year showing a year-on-year decrease of approximately 2 to 3%. The value for 2028 is forecasted at 17.25. This downward trend suggests a Compound Annual Growth Rate (CAGR) consistent with a reduction across the observed period. The consistent decline reflects ongoing policy changes, potential shifts in fuel usage, and the adoption of cleaner technologies impacting tax revenues.

Future trends to watch for include:

The potential impact of stricter environmental regulations and incentives for electric vehicle (EV) adoption.
Fluctuations in global oil prices and their effect on traditional vehicle usage.
Technological advancements that might alter transport modes and their associated tax structure.