Road tax slashed in Punjab

By Staff
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Google Oneindia News

Chandigarh, Mar 3 (UNI) The Punjab Cabinet, in its meeting under the chairmanship of Chief Minister Amarinder Singh, today approved to reduce the tax burden on mini buses from Rs 40,000 (road tax Rs 15,000 plus special road tax Rs 25,000) to Rs 30,000 per year thereby conceding to the long-standing demand of the mini bus operators.

A spokesman for the government said the council also approved to slash the present rate of special road tax from 5.75 to 5.18 paise per seat for every kilometer each day charged from stage carriages. Besides the council also approved to increase the existing bus fare for first stage of journey from Rs two to Rs four.

It was also decided in the meeting to impose the road tax on the personalised motor vehicles (two-wheelers or four-wheelers) on the ad-valarum basis at the rate of three per cent up to the price of Rs 15,000 and four per cent of the price above Rs 15,000. In case of personalised four wheelers, two per cent of the price would be imposed as road tax.

The meeting also gave approval to set up a Turf Club of an International standard at Mattewara in Ludhiana district which would generate employment opportunities for about 25,000 people besides generating income for Guru Angad Dev Veterinary and Animal Sciences University for research and development.

The council also gave approval to the appointment of the Appellate Authority under Section 127 of the Electricity Act, 2003.

Divisional Commissioners of each Division of the State, ADCs (General) of each district and SDMs of the places where the Circle Headquarters (Distribution) of PSEB are based would be an Appellate Authority for appeals by all HT (High Tension) consumers, for appeals by all LT (Low Tension) industrial consumers and appeals by all other LT consumers respectively.

The ministers also approved the presentation of the supplementary demands for grants for the expenditure of the Government of Punjab 2005-06 to the Punjab Legislative Assembly. The supplementary demands involve an additional expenditure of Rs 1445.69 crore.

The Council of Ministers also approved the amendment to the East Punjab Holdings (Consolidation and Prevention of Fragmentation) Act, 1948.

UNI DP MA RN1553

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