Here are 10 simple ways to recover the lose of revenue if govt reduces state taxes on fuel.

  • Increase Driving License fees 5 times from current level .( Current  is from 150 to 200 INR ). Increase four wheeler LMV license fees to minimum 5000 INR.
  • Reduce Driving License renewal tenures to 3 years for first time driving license holder. Impose hefty renewal fees up to 5 times for irregular drivers. Renewal can be made only by paying extra fees based on number of time tickets received on particular license. (  20 years license validity is a license to kill)
  • Private Vehicle Above 1499 CC should have 3-5 times more road tax. with a yearly renewal cost as well.
  • Double the Road tax & Insurance for second four wheeler registration on same residential address. And Increase corporation tax on each residence per vehicle registration.
  • Double the PUC Fees for four wheeler (it is 50 INR) & reduce tenure of PUC from 6/12 months to 3 months.
  • Toll Tax for private registration vehicles should increase on all state boarders.
  • Increase International Driving Permit fees from 1000 to 5000 INR. (Person Is leaving the county, he must have enough to pay & he must pay his debt to country, state and city.)
  • Increase taxes on Automobile Accessories.
  • Impose 1000 INR fees on State Boarder crossing for personal vehicles (excluding boarder district vehicles)
  • Start Corporate transport subsidiary funded by PPP model ( Who would not be interested in major cities to have corporate transport for employees, it can save millions in buying parking lots)

Average 1 million new licenses are being issued  yearly & Gujarat as a State has total 23 Million vehicles. I think it should be enough to help people who really can not afford fuel prices going high ( public transport users & two wheeler owners at large).

Other then  effect on inflation, higher fuel prices has detrimental effect on society from dropping out from schools, dropping out from extra activities, concentrated population as well as brain drain from the state & country.

I urge  government to Reduce State taxes on Fuel in direct proportion to revenue received from these sources.

 

Ketan Raval
Ketan Raval
Working for Lets Nurture , working on few other things for Lets Nurture Org .. spending free time in blogging, writing, reading, music, watching sports, love to spend time with good people instead of smart people...