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Transport Department chalking out newer revenue generating plans
Transport Department

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Transport Department chalking out newer revenue generating plans
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Transport Department chalking out newer revenue generating plans

Second Car life tax to be dearer; Parking place need to be shown for registration

Hyderabad, September 19, 2007

It is all about aiming at ensuring smooth traffic on roads but at the same time, the State Transport Department is ensuring it is getting more revenue in the process. A meeting which is presided by the Chief Minister recently has asked the the Transport Department to chalk out a plan to reduce vehicular traffic on road and to make its operations more smoother. The officials of the Department took to some brain work and has come up with few plans and proposals which are forwarded to the Government for its approval.

Considering the fact with growing income levels, many people have begun buying a second car. Cars come next to two-wheelers when it comes to vehicular traffic on Andhra Pradesh roads. Looking at this, the Department felt it is time to hike the life tax on the second car. Life Tax on second car would hence become dearer. The second car would attract a 12% life tax as against to the present life tax of 9%. The vehicle owner also needs to show the parking place for the car at the time of the car registration. The place could be owned by the owner or could be rented. This way the Department is ensuring it will over come parking menace too. Car owners, many a times, park their car outside their building premises congesting the roads on the streets.

Another proposal put forth is to increase the vehicle tax on the bus operations of the Andhra Pradesh State Road Transport Corporation (APSRTC). It may be recalled that the state run APSRTC has struggled over the past few years to generating profits and turned green only recently. With improved occupancy ratio, APSRTC began generating profits which have fell under the radar of the Transport Department. At the same time, bus operations of the Tourism Department too would get the stick. It is proposed Tourism Department bus services be taxed considering that the Tourism Department is actually running the buses in a commercial manner. The per-seat monies that SETWIN pays to the Government on its transport operations would get dearer. If accepted, these proposals are sure to generate good revenue for the State Government's kitty.

Andhra Pradesh on September 19, 2007

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September 19 in History

Events and happenings on 19 September in History

19 September 2001
Highlights: Congress, CPI stages walkout off Assembly

19 September 2002
Highlights: CM promises Rs. 100 Crore package for Anantapur

19 September 2003
Highlights: Indian Immunologicals Ltd's Rs. 50 crore Vaccine Plant and R&D Center to be operational in October

19 September 2004
Highlights: TDP leader killed in Anantapur

19 September 2005

19 September 2006
Highlights: Sonia Gandhi to open RIMS

19 September 2007
Highlights: Flood water dips Kurnool

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