Taxi-hailing firm, Uber has protested against government plans to cut its commissions from fares by more than 40 per cent, saying the move threatens earnings.
The country’s National Transport and Safety Authority (NTSA) says plans to cap the commissions for taxi-hailing firms at 15 per cent of the fares will derail growth.
Commissions are a fraction of the fare taxi firms take, meaning the proposed rule will leave less to the companies.
Uber charges a 25 per cent commission, a fee that has been at the centre of conflict with driver-partners over the last three years.
The public transport regulator seeks public views on the regulations until tomorrow.
Capping of the commission is set to be in favour of the taxi partners who have for a long time decried the charges, terming them unsustainable.
