The Punjab government has chalked out a policy for Careem, Uber and other ride-hailing vehicles that are likely to increase their fares.
Under the new policy, the owners will have to get their ride-hailing vehicles commercially registered. Therefore, they will have to pay the heftier commercial motor tax, compelling them to increase fares, Express News reported.
The commercial registration of a ride-hailing vehicle, however, will be temporary and the owner will be able to cancel it whenever they want.
The Punjab Information and Technology Board and the transport and excise departments formulated the new policy and the provincial government has approved it.