The earlier plan was to offer excise rebates to incentives owners to junk old vehicles for a new one, but with excise duty coming in under the overarching framework of the new tax system...
Bal Malkit Singh, advisor and former president of All India Motor Transport Congress, said the road transport industry is losing revenue of Rs 4,500 crore every day. demand slump and weakened purchasing power across...
The huge penalty and other charges have made overloading nonviable for truck operators, forcing them to invest in higher capacity vehicles. Demonetisation may be grabbing all the eyeballs, but another crackdown is happening quietly...
State oil firms have cut the prices of petrol by INR 1.46 a litre and of diesel by INR 1.53 a litre. The new prices, effective Wednesday, were decided in the fortnightly review to...
The government on Wednesday ordered exemption of toll tax on 365 toll plazas at National Highways across the country. To avoid long queues at toll plazas Pan India, the government asked them to accept...
1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has...
Sales of these trucks with payload capacity of at least 7.5 tonnes are estimated to have increased 12.7% from a year earlier to 23,874 in the past month, said industry sources. Sales of medium...
Strong cargo flows from the agriculture sector and small and medium industry segments given the upcoming festival season saw truck freight rates on trunk routes increase by 4-5%. According to the Indian Foundation of...
The Regional Transport Authority (RTA) in Narnaul has sought clarification from the state authority on imposing penalty on the owners of more than 10-year-old diesel vehicles for the delay in getting fitness certificate. Interestingly,...
Overloaded vehicles on national highways damage the roads and cause accidents. The National Highways Authority of India (NHAI) has banned overloaded vehicles on the Pune- Solapur highway and plans to implement it on the other...
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