Business Standard

Rs 670 Crore Blow For Truckers

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BUSINESS STANDARD

With more than 20 lakh commercial vehicles plying across the country, the government is set to earn an additional tax revenue of Rs 670 crore.

The Finance Bill, 2002, has quietly revised the presumptive income for truck-owners by 75 per cent owing to inflation adjustment

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First Published: Mar 05 2002 | 12:00 AM IST

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