MCD plans annual 5% hike in toll tax for commercial vehicles entering Delhi
India, June 28 -- The Municipal Corporation of Delhi (MCD) is planning to introduce an annual 5% increase in toll tax for commercial vehicles entering the national capital in accordance with the proposed amendment to the toll tax bye-laws, an official said on Saturday.
"The revision or hike in toll tax is a very lengthy process involving moving proposals, clearance from committees and the MCD House, followed by approval from the Delhi government. The amendments to Delhi Municipal Corporation (Toll Tax) Bye-Laws, 2007, are once notified by the government, the toll taxes will automatically be increased by 5% every year after seeking consent of the House," the official, who did not wish to be named, said.
The proposal to amend the toll tax...
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