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New taxes likely on transport of iron ore

Sat 21st Nov 2009 08:00 AM
New taxes likely on transport of iron ore
New taxes likely on transport of iron ore

Hyderabad,Nov 21: The state government has proposed to slap additional Taxes on lorries,which transport iron ore,stated Minister for Roads and Buildings Galla Arunakumari on Saturday.After attending a review meeting with officials concerned on the road repair works at the Secretariat,the Minister told newsmen the Government is considering a proposal to impose additional Tax on lorries carrying heavy goods including iron ore which badly affect the roads.The quantum of Tax would be dependent on the number of trips a truck makes,she pointed out.

The additional Tax will be imposed after a discussion with the concerned officials,she added.The government has allocated Rs 4 crore to take up repair of roads damaged due to transportation of iron ore in Anantapur district and elsewhere.She made it clear the new roads would be developed under public-private partnership and tenders have been called for this works.Chief Minister K Rosaiah had talks with the officials of the National Highways Authority of India to complete the road projects taken up by it,she said.

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