Odisha's state transport authority - Latest News Update, Information, Photos & Videos on Odisha's state transport authority at Lokmat Times

Odisha's State Transport Authority has collected Rs 117 crore motor vehicle revenue in September this year.According to an offcial release, despite the rise in revenue, the collection is still 7 per cent less than the Rs 126 crores collected in September last year."The State Transport Authority has collected Rs 117 crores motor vehicle revenue in the month of September 2020. It has registered an increase of over 31 per cent over the previous month of August collection of 89.5 crores. However, the collection is still 7 per cent less than the Rs 126 crores collected in September 2019. There is the lowest margin in this financial year," the release stated."After the opening of lockdown restriction from June 2020 onwards, the MV revenue is improving every month. In the month of June 2020, the collection was 15 per cent less than the collection in June 2019 and July collection was 18 per cent less, August was 20 per cent less. However, the collection in the month of September 2020 has bridged the collection figure gap to only 7 per cent less than that of September 2019," the release further stated.The state government said that the collection has picked up due to the growing sale of new motor vehicles and the collection of taxes due to increased economic activity, particularly in the mining sector.The revenue collection for the period from April to September stood at Rs 501 crores which is 36 per cent less compared to the collection of Rs 787 crores in the same period of last financial year.The collection in mining rich districts have gone up in September, the release stated.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Odisha's State Transport Authority, NewsFOLLOW

Odisha's state transport authority, Latest News

National :Vehicles without HSRPs in Odisha to attract penalty from June 23

Cuttack, June 8 The State Transport Authority (STA), Odisha is going to impose fines against vehicles plying without ... ...

National :Odisha records Rs 117 cr motor vehicle revenue collection in September

Odisha's State Transport Authority has collected Rs 117 crore motor vehicle revenue in September this year. ...