T proposes 55% tax cut for tourist buses to stem migration

T proposes 55% tax cut for tourist buses to stem migration

Hyderabad: With 123 tourist buses shifting their registration out of Telangana over five years, costing the state Rs 5.31 crore in annual motor vehicle tax, the transport department has proposed a steep reduction in quarterly tax on All India Tourist Permit (AITP) buses from Rs 4,000 to Rs 1,800 per seat.

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Reported by timesofindia.indiatimes.com.

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