Majority of the states misuse the provisions of lifetime taxation to harass the transferable employees of Public sector and private sector. In this context the High court judgement was favourably pronounced for commercial vehicles in Karnataka. They are exempt from paying dual taxation on account of transfer of vehicle from neighbouring state. This was ensured because of powerful lobby of transporters. They went on strike and bought the economy on its knees. When commercial vehicles are exempt from taxation why should individual pvt vehicles which is purely meant for personal use be taxed. It defies logic, and encourages corruption. Further the fundamental right of work and freedom of movement within the country the country too is violated by the recent RTO directive in karnataka.
I only hope banks and public sector oil companies take up the issue strongly to ensure that their employees are not adversely affected by the recent directive of RTO to tax Lifetime for public sector employees. If they don t agree to withdraw their account should be frozen as a mark of protest and oil companies should refuse to supply fuel and gas to them as a mark of protest for such retrograde step.
It is well known fact that refunds from any government department is hardly forthcoming and taxes are changed year on year.
If at all the state governments want to tax lifetime, they should guarantee that the rest of the amount is transferred on line to the migrating state, it should be either a book transfer or online transfer. Why should a transferable employee keep paying life time tax in each and every state he or she is transferred. What is the solution for such a malady. I am sure some members must have faced this painful financial loss considering that it could be nearly 50 K and above for middle and higher end cars.
I feel that this draconian form of taxation should be immediately withdrawn and status quo should be restored.
