The other bus was caught up in the landslide and was found two kilometres away.
Rescue operations were halted Sunday night with authorities anxious about more mudslides on the Mandi-Pathankot highway, where the tradegy occured on the intervening night between Saturday and Sunday.
Twenty-four bodies were recovered and five injured were rescued till the filing of the report.
Mandi Deputy Commissioner Sandeep Kadam told ANI that 46 bodies had been recovered so far and that rescue operations were underway.
One of the buses was going from Chamba to Manali and the other from Manali to Katra. Two buses, a vehicle and a motorcycle were buried under the debris.
Dharamsala: Himachal Pradesh Chief Minister Virbhadra Singh reaches the site where eight passengers were killed after two buses were hit by a landslide in Kotrupi, to take stock of relief operations.
Apart from the locals, the police, fire services and home guard personnel were already on the spot carrying on the rescue operations.
The bus rolled down 800 metres below the road and was traced under a huge mound of debris, an official said. My condolences with the families of the deceased, ' the PM said in a tweet.
Mr Sharma said he did not hold out much hope of any survivors. He said that the state government would bear medical expenses of the injured. Thakur announced financial assistance of Rs 4 lakh to the next of kin of the deceased while Bali announced that Rs 1 lakh would be given to each bereaved family by the HRTC.
Rescue teams from NDRF and the Army were called at the scene of the landslide from Kangra to take up the rescue and rehabilitation operation on a war-footing.