JOIN USFor the second consecutive year, the government has not made any changes in the existing the motor vehicle taxes.
According to the budget proposals related to Transport department, a revenue collection of Rs 3,350 crore was expected from motor vehicle tax during 2012-13 and, the collection was likely to exceed the target. For the year 2013-14, the target is fixed at Rs 4,008 crore.
Ramamurthy K, a transport expert said that as there is no mention of reduction of the cess on diesel in the budget, it will have a negative impact on public transport. Those dependent on public transport should be prepared for a fare hike in future.
“The move to collect lifetime tax on construction equipment vehicles in one installment will receive negative response from the construction industry. Common man is likely to face the cascading effect,” he said.
The government has announced that e-payment of motor vehicle tax and fees will be implemented within three months.
Besides, new RTOs will be established in Banashankari, Chamarajpet, RT Nagar and Marathalli in Bangalore in addition to the already existing 10.
A system will be put in place for online collection of vehicle registration data from authorised dealers. to provide speedy delivery of services in regard registration of vehicles.