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Administrative Council approves 50% waiver of Passenger Tax

KT Web Desk by KT Web Desk
February 2, 2022
in J&K, Latest News
0
Uncertainty mounts in valley as Govt issues one more security advisory

Representational Image

Compensates Commercial Transport Operators for losses on account of COVID-19 pandemic

Jammu, Feb 02: In a significant move, the Administrative Council (AC), which met under the chairmanship of Lieutenant Governor, Manoj Sinha, approved the waiver/exemption of fifty percent (50%) of Passenger Tax chargeable on various vehicles from 1st April, 2020 to 31st March, 2021.

Farooq Khan and Rajeev Rai Bhatnagar, Advisors to the Lieutenant Governor, Dr. Arun Kumar Mehta, Chief Secretary, J&K and Nitishwar Kumar, Principal Secretary to the Lieutenant Governor attended the meeting.

The decision will address the genuine demand of the operators of commercial transport who have suffered losses on account of COVID-19 induced nation-wide lockdown and restrictions leading to non-operationalization of the public transport.

For owners of commercial vehicles, who have already deposited the passenger tax for aforesaid period in full, the excess amount paid thereof by them shall be adjusted against the liability accrued or accruable in the next financial year i.e for the time period of 1st April, 2021 to 31st March, 2022.(GNS)

Tags: Compensates Commercial Transport Operators for losses on account of COVID-19 pandemic
KT Web Desk

KT Web Desk

Kupwara Times is a Weekly Newspaper, which gives you the latest News updates. "Kupwara Times" provides an extensive coverage to events happening in cities, towns and villages of J&K state and rest of the world. Obliging the principles of free and fair press, Kupwara Times has the distinction of being the credible news provider to the news-hungry readers of Jammu and Kashmir and beyond.

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