Fiji Taxi Union general secretary, Rishi Ram has welcomed the concessions given by government on new brand and second hand vehicles.
Ram said this is a boost to the taxi industry.
Prime Minister Commdore Voreqe Bainimarama had announced in the 2010 Revised budget on Friday that duty has been reduced for certain motor vehicles, buses and trucks.
Commodore Bainimarama said to assist low and middle income earners in purchasing new fuel efficient motor vehicles, fiscal duty on new cars and other passenger vehicles with capacity not exceeding 1500cc will be reduced from 32 percent to 15 percent.
At the same time, the age limit for used or reconditioned motor vehicles imports has also been reduced from 8 to 5 years.
Commodore Bainimarama said these measures will assist in reducing fossil fuel imports and minimize pollution.
Story by: Ronal Deo
Fiji Taxi Union welcomes new concessions by Govt
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