Chennai:
If the Union government’s newly designed and structured Unified
Metropolitan Transport Authority (UMTA) draft bill along with Urban
Transport Fund (UTF) has its way than Chennaites could be paying
additional cess per litre on petrol.
The Union Ministry of Urban Development while urging state’s review of
the newly proposed UMTA BILL (Generic) 2014, has mentioned that
additional cess per litre on petrol collected on sale of such fuel in
the State as decided by the state government under the Sales Tax Act.
Not only that it has also proposed cess collected by the State
Government on registration of every additional car purchased in a
family at the rate of sale price of the vehicle and collected at the
time of registration of vehicles.
The other proposals to generate Urban Transport fund include
generating funds through levying a green tax on use of vehicles older
than a certain age to reduce the negative impacts of vehicular
emissions on the environment.
The proposals come at a time when state officials are still
deliberating to implement Chennai Unified Metropolitan Transport
Authority Act (CUMTA Act).
It is learnt that the new draft bill has been drafted by consultants
Deloitte Touche Tohmatsu and Voyants Solutions to propose a design for
UMTA and Urban Transport Fund to assist cities in the establishment of
UMTA.
A communiqué from the Union government stated that draft UMTA Bill
(Generic) 2014, including UTF was prepared in consultation with
various stakeholders and the view of the state is required to
customize it to the needs of various cities. It has also urged the
state to submit its views by Monday.
Other key recommendations proposed for UTF.
1. Cess on diesel from Central Road Fund
2. Cess calculated at existing parking charges levied by municipal
corporations in the Urban Area and other public sector agencies
operating parking facilities
3. Cess on registration fee on all property transfer which takes
place along influence zone within Urban Area.
4. Cess on levy on conversion of land use at the rate of existing
land use conversion charges
5. Tax levied on employers employing more than (50) employees at the
some given rate of total wages paid by the employer in any financial
year.
How the fund will put be put in use:
1. Operations of the Authority, including payments for staff
2. Preparation of transport master plan
3. Providing targeted subsidies for inter- modal integration
4. Conducting studies in urban transport, including hiring
consultants, researchers, and funding detailed project reports.
5. Providing targeted subsidies for urban transport operations
6. Funding development of urban transport infrastructure and providing
Viability Gap Funding
If the Union government’s newly designed and structured Unified
Metropolitan Transport Authority (UMTA) draft bill along with Urban
Transport Fund (UTF) has its way than Chennaites could be paying
additional cess per litre on petrol.
The Union Ministry of Urban Development while urging state’s review of
the newly proposed UMTA BILL (Generic) 2014, has mentioned that
additional cess per litre on petrol collected on sale of such fuel in
the State as decided by the state government under the Sales Tax Act.
Not only that it has also proposed cess collected by the State
Government on registration of every additional car purchased in a
family at the rate of sale price of the vehicle and collected at the
time of registration of vehicles.
The other proposals to generate Urban Transport fund include
generating funds through levying a green tax on use of vehicles older
than a certain age to reduce the negative impacts of vehicular
emissions on the environment.
The proposals come at a time when state officials are still
deliberating to implement Chennai Unified Metropolitan Transport
Authority Act (CUMTA Act).
It is learnt that the new draft bill has been drafted by consultants
Deloitte Touche Tohmatsu and Voyants Solutions to propose a design for
UMTA and Urban Transport Fund to assist cities in the establishment of
UMTA.
A communiqué from the Union government stated that draft UMTA Bill
(Generic) 2014, including UTF was prepared in consultation with
various stakeholders and the view of the state is required to
customize it to the needs of various cities. It has also urged the
state to submit its views by Monday.
Other key recommendations proposed for UTF.
1. Cess on diesel from Central Road Fund
2. Cess calculated at existing parking charges levied by municipal
corporations in the Urban Area and other public sector agencies
operating parking facilities
3. Cess on registration fee on all property transfer which takes
place along influence zone within Urban Area.
4. Cess on levy on conversion of land use at the rate of existing
land use conversion charges
5. Tax levied on employers employing more than (50) employees at the
some given rate of total wages paid by the employer in any financial
year.
How the fund will put be put in use:
1. Operations of the Authority, including payments for staff
2. Preparation of transport master plan
3. Providing targeted subsidies for inter- modal integration
4. Conducting studies in urban transport, including hiring
consultants, researchers, and funding detailed project reports.
5. Providing targeted subsidies for urban transport operations
6. Funding development of urban transport infrastructure and providing
Viability Gap Funding
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