Punjab: Tax relief for bus operators, payment of arrears also deferred

Punjab: Tax relief for bus operators, payment of arrears also deferred

All stage carriers, mini and school buses covered under tax relief

Chandigarh: Chief Minister Captain Amarinder Singh on Friday ordered full waiver on Motor Vehicle Tax till December 31, 2020 for all stage carriage, mini and school buses.

The payment of arrears of taxes, without interest and penalty, has also been deferred to March 31, 2021.

The move is expected to result in total financial benefit to the transport sector, severely impacted by COVID-19 pandemic, to the tune of Rs. 100 crore, according to an official spokesperson.

The Chief Minister also directed Transport Minister Razia Sultana to discuss and resolve other issues of concern to mini private bus owners by next week.

The decisions and directives were announced by the Chief Minister at a virtual conference with various private transport associations in the state.

Besides Transport Minister Razia, Finance Minister Manpreet Badal and Transport Secretary K. Siva Prasad were present at the meeting.

Though the Transport Department had initially suggested 50% tax waiver till December 31, the Chief Minister, responding to the concerns of transporters, overruled the department’s suggestion.

The transporters were earlier provided 100% relief for two months, till September 30, 2020 by the state government.

The transporters’ bodies had conveyed to the state government that with less than 10% commuters availing the bus services, they were unable to meet even the cost of diesel to run their vehicles.

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