Punjab Bus Operators Call for Motor Vehicle Tax Exemption Amid Rising Costs

In a recent appeal to the Punjab government, private bus operators have called for the abolition of the motor vehicle tax, highlighting surging fuel costs as a significant burden on their operations. Over the past few days, fuel prices have risen by Rs 7.50 per litre, contributing to the financial strain on these operators.

Sandeep Sharma, president of the Punjab Motor Union, noted the critical situation, explaining that private bus services, which include 5,000 mini buses among 7,500 total, are facing unsustainable financial pressures. The operators are seeking an exemption amounting to Rs 87 crore in annual taxes. Without intervention, Sharma warns that ongoing operations could cease, affecting Punjab's transport sector.

The operators argue that production costs have surged by 35-40% due to rising prices of diesel, tyres, and other essential components since 2022, with no corresponding fare increases. They have requested a meeting with Chief Minister Bhagwant Mann to discuss potential solutions to prevent the disruption of bus services, a vital part of the region's transport infrastructure.

(With inputs from agencies.)