In a reduction to bus operators in Punjab, Chief Minister Amarinder Singh on Friday ordered 100 per cent waiver on Motor Vehicle Tax until December 31 for all stage carriage, mini and faculty buses, whereas deferring cost of arrears of taxes, with out curiosity and penalty, to March 31, subsequent yr.
The transfer will end in complete monetary profit to the transport sector to the tune of Rs 100 crore, in keeping with an official assertion.
The Chief Minister additionally directed Transport Minister Razia Sultana to debate and resolve different problems with concern to mini non-public bus house owners by the subsequent week.
The selections and directives have been introduced by the chief minister at a digital convention with numerous non-public transport associations within the state. Besides Ms Razia, Finance Minister Manpreet Badal and Transport Secretary Okay Siva Prasad have been current on the assembly.
Though the transport division had initially urged waiver as much as 50 per cent of tax until December 31, the chief minister, responding to the considerations of transporters, overruled the division to announce 100 per cent reduction, the assertion stated.
The transporters have been earlier supplied 100 per cent reduction for 2 months, until September 30, by the state authorities.
“The chief minister took word of the issues confronted by the transporters, who identified that with lower than 10 per cent commuters availing the bus companies, they have been unable to satisfy even the price of diesel to run their automobiles.
“Though the state transport and PRTC (state transport), being prime routes, have been in demand, non-public bus operators continued to endure because of the COVID-19 pandemic,” representatives of the transport associations advised the chief minister.
Amarinder Singh agreed with the transporters that their business, run completely by Punjabis, wanted additional assist from the state authorities within the current state of affairs and accepted their demand for complete tax waiver until the top of this yr, the assertion additional stated.