Driving might just get costlier

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New Delhi, Sep 18 2007: With the urban development ministry proposing a cess on petrol, diesel and also vehicles, driving is likely to get more taxing. The cess is being levied to fund the urban transport system to finance highway construction.

The latest proposal seeks to raise petrol prices by Re 1 per litre. The proposal will affect the vehicle owners in two ways as the ministry also seeks to levy 8% cess on the cost of cars and 4% on two-wheelers.

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