Red Number Plate Motorcycles Banned from Ride-Sharing
Summary
The government has banned motorcycles with red number plates from ride-sharing services and introduced black number plates for registered hired two-wheelers along with annual income tax and a 5 percent transaction tax for ride-sharing.
Key Points
- Motorcycles with red number plates will no longer be allowed to provide ride-sharing services.
- Two-wheeled vehicles registered for hire must have black number plates as per the new economic act.
- An annual income tax of 3,000 rupees is set for registered two-wheelers used for ride-sharing.
- A 5 percent tax on each ride-sharing transaction has been introduced by the government.
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