Punjab govt allows exemption in payment of motor vehicle tax

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Punjab govt allows exemption in payment of motor vehicle tax

Kanwar Inder Singh/ royalpatiala.in

The Cabinet also gave a go ahead for exemption of Motor Vehicle Tax for Stage carriage buses (Big & Mini Buses) and Contract Carriage vehicles less than 16 seater vehicles thus relieving the transport sector from financial loss in wake of huge loss suffered by it amid Covid-19 pandemic.

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Notably, the situation remained grim even in the year 2021 due to lockdown imposed during the second phase of Covid-19, resultantly there is hardly any sector which was not affected. A very few passengers could travel in these buses as there was a lot of fear amongst the masses for which they preferred travelling in private vehicles instead of using the public transport. Various representations were received from the private transporters through which they highlighted the issue that rising prices of diesel has further deteriorated there situation. The entire income generated from buses is spent in meeting the expenses on diesel and maintenance. Therefore, these transporters deserved to be allowed exemption in the payment of Motor Vehicle Tax.

December 23,2021