Driving might just get costlier
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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Story first published: Tuesday, September 18, 2007, 13:25 [IST]