APR is earning 600 percent profit on vehicle transfer documents. Punjab engine registration authority Sources have reports that the Punjab Motor Records Authority (PMRA) of the Punjab Department of Excise and Taxation (ETD) charge motorists an excess of Rs 360 million per year in transfer charges.
A property transfer act is only available at the PMRA and costs a driver Rs. 300, obligatory for everyone who seeks a change to own the motor vehicle. A speaker at ETD explained that every profit from the sale of transfer acts is kept in a revolving fund and is used on various ETD projects, ultimately benefiting the people. The ETD speaks for itself.
The spokesman added that the earnings are not deposited with anyone but are audited annually in the State Treasury.