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Tuesday, September 6, 2011

Railway Fair Hike

The railways are likely to effect a mid-term rise in passenger fares. The railway board has sought the political go-ahead for a hike of eight to 12 per cent.


The Railways could also pass on the burden of 10 per cent service tax to the commuters if the finance ministry does not extend the current exemption, which expires in November.


Anurag Gupta
Bangalore.

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