Punjab Road Tax

Road tax is a type of tax payable by vehicle owners to ensure road safety. This taxable sum is used to maintain roads and provide safe and efficient driving conditions. Every owner of a four-wheeler or two-wheeler vehicle has to pay road tax to a Regional Transport Office. The Punjab State Government also utilises the same sum to keep travellers safe while they pass across Punjab's highways. To make it convenient for the residents, this tax can be paid physically across any of Punjab’s 76 RTOs in the state or online through its official website.

Follow the below steps to make an online payment for your road tax liability:

• Step 1: Visit the Punjab Transport official website

• Step 2: Click the ‘Online Motor Vehicle Payment System' option

• Step 3: Now, enter your ID and password to access this site

• Step 4: New users of this portal can create an account by selecting the suitable option

• Step 5: Follow the instructions on your screen to fill in all required information

• Step 6: Individuals can then select their chosen method of road tax payment, which includes debit cards, online banking, and credit card

• Step 7: After completing your tax payment, keep the tax receipt for future reference Individuals unfamiliar with the online payment system can clear their tax liabilities by visiting one of the local RTOs.

The RTO tax in Punjab is calculated based on several parameters including:

• Age

• Cost

• Purpose of Use

• Capacity of the engine

The below table illustrates the payable tax amount based on the weight and age of a two-wheeler vehicle.

Tax Rates for Two-Wheeler Vehicles After Amendment

Following the modification, two-wheeler owners would be required to pay 1.5% of the vehicle's cost in road taxes if the bike or scooter in question has an engine capacity of less than 50cc. If the engine capacity is greater than 50cc, the road tax charge would be 3% of the vehicle's cost. Keep in mind that, in either event, such road taxes must be paid in one lump sum rather than in instalments.

The tax rate for four-wheeler vehicles is also determined based on when the vehicle was registered. Take a look at what you should be aware of.

Individuals are required to service these liabilities quarterly, even though a lump-sum payment is required.

• Tax Rates for Four-Wheeled Vehicles After Amendment

If your vehicle was registered after the taxation criteria were changed, you would have to pay road taxes depending on its cost rather than its age. In this case, any four-wheeler used for personal purposes would be subject to service taxes of 2% of the vehicle's cost.

The border tax levied on automobiles registered in other states crossing through Punjab is classified into the following categories.

Motor vehicle, tractor, or omnibus:

Any vehicle with a seating capacity of up to 10 passengers, excluding the driver, is subject to a fee of ₹200. Three-wheelers are exempt from this system's taxation.

Any Other Type of Motor Vehicles:

All other motorised vehicles going through Punjab will be subject to a charge of ₹1500.

In Punjab, every vehicle owner is required to pay road taxes at the time of registration. Failure to do so can result in heavy penalties ranging from ₹1000 to ₹5000. State officials may also seize your vehicle's crucial documentation in extreme situations. As a result, make sure you clear RTO tax in Punjab as soon as possible.

Road tax is a mandatory obligation according to the Motor Vehicles Act, 1988. Evading it would only lead you to pay hefty fines. Similarly, the Motor Vehicles Act has also made motor insurance policies mandatory. Hence, if you want to drive your vehicle legally on Indian roads, you need to buy a third-party liability motor insurance policy at the least. At Bajaj Markets, both basic and comprehensive car/bike insurance policies are available. So, check out the range of motor insurance policies with a seamless application process and quick claim settlement.