This man got challaned so much, amount exceeds value of vehicle! Money lesson in it - don't waste, save money, follow rules; learn now
A man in Surat, Gujarat, has been fined as many as 67 times for not adhering to the traffic rules and regulations, mostly for riding his two-wheeler without wearing a helmet.
Reality is also made of this! A man in Surat, Gujarat, has been fined as many as 67 times for not adhering to the traffic rules and regulations, mostly for riding his two-wheeler without wearing a helmet. Ironically enough, the aggregate of the fine totalled a whopping Rs 25,000. What is really noteworthy is the fact that this has exceeded the current value of the vehicle concerned! He owns a Honda Activa and its resale value is Rs 20,000, according to Dainik Bhaskar!
The Traffic Police department of Sitanagar, Surat recently penalised Hasmukh Lakha Vekria and instructed him to pay the fine amount as soon as possible. To which Hasmukh replied, "I've received a memo twice before and I've been unable to pay the dues. Now that I've changed my residence and the police upon finding my new house imposed a fine of Rs 25,000 on me."
He added, "I tried selling the Activa post this, the amount I was getting was Rs. 20,000."
As per the surveillance cameras installed on the roads, the recordings show that from 2016 till date, he has violated rules 67 times.
Notably, initially, for not wearing a helmet, a violator is fined Rs 100 and subsequently, with every next default, the amount of penalty is increased to Rs 300. Taking rash driving into consideration, the first amount was Rs 1,000, which gradually doubled to Rs 2000 and so on.
This man is not even being able to pay the fine and he would have been much better off learning the rules. The same applies to all concerned on the roads - in effect, do not waste money, save it. Here is how:
Know traffic rules as per the Motor Vehicle Act (MVA) 1988:
Wearing Helmets
* First Offence: Fine up to Rs. 100; Subsequent Offence: Fine up to Rs. 300,
Dangerous or Reckless Driving
*First Offence: Fine up to Rs. 1000 or Imprisonment up to 6 months or both. Subsequent Offence: Fine up to Rs. 2000 or Imprisonment up to 2 years or both.
Driving under influence of Drugs or Alcohol
*First Offence: Fine up to Rs. 2000 or Imprisonment up to 6 months or both. Subsequent Offence: Fine up to Rs. 3000 or Imprisonment up to 2 years or both.
Not carrying valid licence while driving
*Fine up to Rs. 100; Subsequent Offence: Fine up to Rs. 300
Jumping Signal (driving at a red light)
*Fine up to Rs. 100; Subsequent Offence: Fine up to Rs. 300
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
05:12 PM IST