Users of app-based cab hailing services in Bengaluru will have to spend more on their rides. The Karnataka government on Wednesday notified minimum and maximum fares for taxis operated by aggregators like Ola, Uber, and others. The new pricing structure has been split into four bands depending on the cost of the vehicle. The new pricing structure will also allow cab aggregators to legally exercise dynamic or surge pricing as the Transport department has set minimum and maximum fair limits. Breaking it down Hiring a D-class cab (vehicle costing less than Rs 5 lakh) will cost Rs 44 for the first four kilometers. For subsequent kilometers, the aggregators can charge a maximum fare of Rs 24 and a minimum of Rs 11. For C-class (vehicles costing between Rs 5 and 10 lakh), the first four kilometers cost will be Rs 52. For subsequent kilometers, a maximum rate of Rs 24 and minimum of Rs 12 will be applicable. For B-class (vehicles costing between Rs 10 and 16 lakh), the first four kilometers will cost Rs 68, after that a maximum of Rs 16 per km and minimum of Rs 34 per could be charged. A-class cabs (vehicles costing above Rs 16 lakh), for the first four kilometers the rate would be Rs 80 and thereafter maximum of Rs 45 per km and a minimum of Rs 20 will be applicable. The notification also mentions that there will be no waiting charge for the first 20 minutes after that Rs 10…
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