Himachal Pradesh transport department aims Rs 8.5 bn revenue
ROADS & HIGHWAYS

Himachal Pradesh transport department aims Rs 8.5 bn revenue

Deputy Chief Minister Mukesh Agnihotri announced on Wednesday that the Himachal Pradesh Transport Department has set a target to generate revenue of Rs 8.5 billion in the current fiscal year. This goal exceeds the department's revenue of Rs 6.75 billion from the previous year by Rs 1.75 billion.

To achieve this target, Agnihotri emphasised the need to address revenue leaks and crack down on vehicles entering the state without paying taxes. Making the registration of all vehicles mandatory would also contribute to revenue generation. Agnihotri shared these details with the media after a review meeting of the transport department.

In order to expedite revenue collection, the government has granted a one-time relaxation to tax defaulters, allowing them to pay their dues by June 30, 2023, with a 10 per cent interest, while waiving the remaining interest and penalties. This initiative is expected to generate an income of Rs 1.5 billion.

Furthermore, the state has made it mandatory to register all vehicles, including heavy vehicles like JCBs. Luxury buses entering the state from outside will be subject to fees of Rs 5,000 per day, Rs 25,000 per week, Rs 75,000 per month, or Rs 9 lakh per year to operate within the state. This move aims to generate additional revenue of Rs 100 million, as approximately 200-250 such buses exist.

The transport department has recently conducted a performance review of staff at interstate barriers. Underperforming barriers that fail to meet targets have been identified, and performance-based incentives, such as promotions and increments, will be introduced. Barriers that continue to underperform will face consequences.

The state also prohibits the use of nameplates indicating owners other than the government on vehicles within its borders. In addition, strict surveillance will be maintained at all barriers to prevent illegal mining, and a "zero tolerance" policy will be implemented to deter tax evasion.

Emphasizing the importance of road safety, Agnihotri stated that an average of three people die in accidents daily in Himachal Pradesh. To raise awareness, schools and colleges will receive Rs 15,000 and Rs 30,000, respectively, for conducting traffic awareness activities. Discussions are underway to incorporate road safety into the school curriculum.

Currently, there are approximately 21.51 lakh registered vehicles in the state, with 18.48 lakh being non-transport vehicles and 3.08 lakh classified as transport vehicles. The state experiences an annual vehicle growth rate of about 15 per cent.

Also Read
Capital division begins road maintenance at Ganga-Papunallah road
City Police's temporary fix eases traffic woes at busy junction


Deputy Chief Minister Mukesh Agnihotri announced on Wednesday that the Himachal Pradesh Transport Department has set a target to generate revenue of Rs 8.5 billion in the current fiscal year. This goal exceeds the department's revenue of Rs 6.75 billion from the previous year by Rs 1.75 billion. To achieve this target, Agnihotri emphasised the need to address revenue leaks and crack down on vehicles entering the state without paying taxes. Making the registration of all vehicles mandatory would also contribute to revenue generation. Agnihotri shared these details with the media after a review meeting of the transport department. In order to expedite revenue collection, the government has granted a one-time relaxation to tax defaulters, allowing them to pay their dues by June 30, 2023, with a 10 per cent interest, while waiving the remaining interest and penalties. This initiative is expected to generate an income of Rs 1.5 billion. Furthermore, the state has made it mandatory to register all vehicles, including heavy vehicles like JCBs. Luxury buses entering the state from outside will be subject to fees of Rs 5,000 per day, Rs 25,000 per week, Rs 75,000 per month, or Rs 9 lakh per year to operate within the state. This move aims to generate additional revenue of Rs 100 million, as approximately 200-250 such buses exist. The transport department has recently conducted a performance review of staff at interstate barriers. Underperforming barriers that fail to meet targets have been identified, and performance-based incentives, such as promotions and increments, will be introduced. Barriers that continue to underperform will face consequences. The state also prohibits the use of nameplates indicating owners other than the government on vehicles within its borders. In addition, strict surveillance will be maintained at all barriers to prevent illegal mining, and a zero tolerance policy will be implemented to deter tax evasion. Emphasizing the importance of road safety, Agnihotri stated that an average of three people die in accidents daily in Himachal Pradesh. To raise awareness, schools and colleges will receive Rs 15,000 and Rs 30,000, respectively, for conducting traffic awareness activities. Discussions are underway to incorporate road safety into the school curriculum. Currently, there are approximately 21.51 lakh registered vehicles in the state, with 18.48 lakh being non-transport vehicles and 3.08 lakh classified as transport vehicles. The state experiences an annual vehicle growth rate of about 15 per cent. Also Read Capital division begins road maintenance at Ganga-Papunallah roadCity Police's temporary fix eases traffic woes at busy junction

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?