shot-button
HMPV HMPV
Home > News > India News > Article > Maharashtra collects Rs 5 cr fine from tax evading luxury car owners

Maharashtra collects Rs 5-cr fine from tax evading luxury car owners

Updated on: 07 March,2017 07:20 PM IST  | 
PTI |

Maharashtra government has collected Rs five crore as fine from car owners, who had registered their vehicle outside the state and evaded tax, state transport minister Diwakar Raote said on Tuesday

Maharashtra collects Rs 5-cr fine from tax evading luxury car owners


Representational Picture

Maharashtra government has collected Rs five crore as fine from car owners, who had registered their vehicle outside the state and evaded tax, state transport minister Diwakar Raote said on Tuesday.



"The state transport ministry had initiated this action from January 18. 595 luxury cars have been identified so far. The car owners, who reside in the state, had registered their luxury cars outside Maharashtra with an intension of tax evasion", Raote told reporters outside the 'Vidhan Bhawan' here.


"The fine collected from 94 luxury cars of the 595 is Rs five crore. Once we will complete the procedure of remaining 501 cars, the generation of revenue will be huge", he added.

The Minister also said he is considering to introduce some schemes for luxury car owners, who are found evading tax by registering the vehicles outside the state.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Did you find this article helpful?

Yes
No

Help us improve further by providing more detailed feedback and stand a chance to win a 3-month e-paper subscription! Click Here

Note: Winners will be selected via a lucky draw.

Help us improve further by providing more detailed feedback and stand a chance to win a 3-month e-paper subscription! Click Here

Note: Winners will be selected via a lucky draw.


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK