Karnataka Transport Department misses revenue target by 14%

Tax concessions provided to electrical conveyance registrations and concessions extended to definite categories of vehicles, including State corp buses and vehicles purchased nether assorted subsidies, dragged down the gross of the Transport Department arsenic it missed the people by 14%.

The gross successful 2025-2026 stood astatine ₹12,829.64 crore arsenic against the people ₹15,000 crore acceptable for the department, astir ₹2,100 crore less. The revenue, however, has accrued by 8.4% implicit 2024-2025 erstwhile the section collected ₹11,744.67 crore.

This is the 3rd consecutive twelvemonth that the people has not been met. In 2024–25, the section collected ₹11,744.67 crore arsenic against a people of ₹12,500 crore.

Similarly successful 2023–24, collections stood astatine ₹11,106.67 crore, falling abbreviated of the ₹11,500 crore target. In contrast, 2022–23 was the lone twelvemonth erstwhile the section exceeded its target, collecting ₹9,487.23 crore arsenic against ₹9,007 crore.

Officials indicated that factors specified arsenic taxation concessions for definite categories of vehicles and variations successful conveyance registrations person had an interaction connected gross realisation.

“The targets acceptable for caller years person been importantly higher. At the aforesaid time, taxation concessions for electrical vehicles and variations successful conveyance registrations person affected wide gross collections,” an authoritative root said.