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| TMF welcomes fifty percent waiver on Passenger Tax | | | Early Times Report
JAMMU, Feb 3: Team Mask Force (TMF) Chairman Vijay Sharma welcomed government's decision to waive 50% passenger tax to compensate transport operators at this crucial juncture of pandemic crisis. Tax was chargeable from 1st April 2020 to 31st March 2021.The decision will address the genuine demand of the operators of commercial transport who have suffered losses on account of Covid-19 induced by nationwide 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, the Administrative Council's decision read. Sharma said the decision came in the wake of already dying transport industry in the JKUT. |
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