Justice Ranjan Gogoi sworn in as Chief Justice of India
New Delhi, Oct 3: Justice Ranjan Gogoi was on Wednesday sworn in as the Chief Justice of India. He was administered the oath of office by President Ram Nath Kovind in the Rashtrapati Bhawan.
He is India's 46th Chief Justice succeeds Chief Justice Dipak Misra, who demitted office on October 2, with Monday being his last working day in the top court.
Chief Justice Gogoi, 64, is the first judge from the northeast to attain the highest office of the Supreme Court. He will be in office for 13 months and 15 days -- till November 17, 2019.
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Karnataka to hike registration fee for commercial vehicles from May 1: Report
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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.
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