Karnataka to hike registration fee for commercial vehicles from May 1: Report
_vb_09.jpeg)
Bengaluru: Starting May 1, registration fee for commercial vehicles priced within Rs 10 lakh and for those used in the construction sector will be increased as the state government is implementing the Karnataka Motor Vehicle Taxation (Amendment) Act, despite opposition from commercial vehicle operators.
The lifetime tax for cabs that cost less than Rs 10 lakh will be 5 percent of the cost of the vehicle, as reported by The New Indian Express on Wednesday.
The report noted that, until now, lifetime taxes were not levied in a lump sum on commercial vehicles (taxis) costing less than Rs 10 lakh; instead, taxes were collected quarterly at a rate of Rs 100 per seat for a four-seater vehicle.
“So every commercial vehicle priced within Rs 10 lakh annually paid tax of around Rs 1,800, including the cess. But now, the slabs have been revised and we have to pay lifetime tax at one go,” TNIE quoted K. Radhakrishna Holla, president, Karnataka State Travel Operators’ Association, as saying.
He added that buyers of vehicles priced within Rs 10 lakh, which include most commercial vehicles, will now have to pay approximately Rs 50,000 as lifetime tax upfront at the time of registration.
As per the revised slabs, those purchasing vehicles in the Rs 10–15 lakh range will be required to pay 9 percent of the vehicle’s cost as lifetime tax. Additionally, buyers of vehicles priced at Rs 15 lakh and above will now be required to pay 15 percent of the vehicle’s cost as lifetime tax.
Electric vehicles (EVs) priced above Rs 25 lakh were exempted from road tax. But now, it will now attract a 10 percent tax on the vehicle’s cost.
However, Radhakrishna Holla warned that taxing high-end EVs could further slow the state’s already lagging adoption of electric vehicles. “At this juncture, the government should not be levying taxes on e-vehicles. It will discourage people from operating commercial e-cars,” he said.
Vehicles used in the construction sector, as well as those equipped with air compressors and generators, will attract a lifetime tax of 8 percent of the vehicle’s cost, added the report.
The state government has set a revenue target of Rs 15,000 crore for the Transport Department in the 2025–26 fiscal year, with the revised taxation expected to boost collections.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Ordinance issued to increase number of Supreme Court judges from 34 to 38
New Delhi (PTI): The government has promulgated an ordinance to increase the strength of the Supreme Court from the present 34 judges to 38, including the Chief Justice of India.
The law ministry notified the ordinance on Saturday, which amended the Supreme Court (Number of Judges) Act, 1956, to increase the sanctioned strength of the top court.
So far, the sanctioned strength of the top court was 34, including the Chief Justice of India (CJI). Now, the number of judges has been increased by four, taking the sanctioned strength to 38.
The top court will now have 37 judges, other than the CJI.
With the apex court having two vacancies at present, and the ordinance coming into force immediately, the Supreme Court Collegium will now have to recommend six names for appointment as judges in the top court.
A bill will be brought in the Monsoon Session of Parliament to convert the ordinance – an executive order – into a law passed by Parliament.
The Union Cabinet had cleared a draft bill on May 5 to increase the number of apex court judges.
The strength of the Supreme Court was last increased from 30 to 33 (excluding the CJI) in 2019.
The Supreme Court (Number of Judges) Act, as originally enacted in 1956, put the maximum number of judges (excluding the CJI) at 10.
This number was increased to 13 by the Supreme Court (Number of Judges), Amendment Act, 1960, and to 17 by another amendment to the law.
The Supreme Court (Number of Judges) Amendment Act, 1986, augmented the strength of judges from 17 to 25, excluding the CJI.
A fresh amendment in 2009 further increased the strength from 25 to 30.
Article 124(3) of the Constitution lists the qualifications required to become a Supreme Court judge.
An Indian citizen who has either served as a high court judge for at least five years, or as an advocate for 10 years, or is a distinguished jurist, can be appointed to the top court.
The strength of the Supreme Court is increased based on the recommendations of the CJI, who writes to the Union law minister. After consulting the finance ministry, the Department of Justice under the law ministry moves the Cabinet with a draft bill.
