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Government Will Allow Uber, Ola To Charge 20% Commission On Ride Fares

India accounts for an estimated 11 per centof Uber's global rides annually
India accounts for an estimated 11 per centof Uber's global rides annually
The government will allow app-based taxi aggregators such as Uber Technologies and Ola to charge up to 20 per cent commission on ride fares, according to guidelines issued on Friday, diluting an earlier proposal to cap fees at 10 per cent. Industry experts had warned that a 10 per cent cap would hit revenue and operations of the likes of Uber, which have faced increased regulatory scrutiny in several countries. The final guidelines, ...
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