SINGAPORE: At least two taxi operators are reviewing the recent Budget announcement on the one—year road tax rebate.
But the two — SMRT Taxis and Prime Taxi — have not decided if they will join industry leader ComfortDelgro in passing on the savings to taxi hirers.
This follows a call from the National Taxi Association for taxi operators to do so.
ComfortDelgro said the road tax rebate works out to some $5 million in savings for the company or $306 per taxi.
A company spokesperson said it will pass all savings to its drivers.
So far, ComfortDelgro is the only company that has agreed to do so.
The one—year rebate of 30 per cent applies to goods vehicles, buses and taxis and is part of the government’s effort to ease cash flow for companies.
The rebate is expected to save businesses $46 million.
MORE SINGAPORE NEWS
Latest Photo Galleries on xinmsn
Millions of Mexicans descend on the Basilica de Guadalupe every year in the capital to pay their respects to the Holy Virgin. Many of the pi... More Millions of Mexicans descend on the Basilica de Guadalupe every year in the capital to pay their respects to the Holy Virgin. Many of the pilgrims arrive on their knees from all over the country, asking for mercy or favors. Duration: 1:08
Date 2 hrs ago, Duration 1:07, Views 13