Dubai RTA dedicates hotline to ease payment of compensation to taxi plate holders

Roads and Transport Authority (RTA) has activated a hotline to facilitate the payment of the final compensation to owners of taxi plates in Dubai

  
Dubai RTA dedicates hotline to ease payment of compensation to taxi plate holders

Roads and Transport Authority (RTA) has activated a hotline to facilitate the payment of the final compensation to owners of taxi plates in Dubai. A sum of AED170,000 is payable per plate as endorsed by Resolution No (8) for 2018 governing the payment of compensation to taxi plate holders in Dubai. The activation of this telephone line aims to save the timing and effort of beneficiaries in sorting out the final payment procedures.

Under the new process the telephone line (04-6051555) will be designated for taxi plate owners to call and inquire about the procedures of paying the due compensation around-the-clock.

There are 6658 plates covered by the Resolution. Details of 4790 plate holders have been updated, and 1725 plate holders have received the final compensation. Details of 1868 plate owners, or their heirs, have yet to be updated. The payment of compensation hinges on the update of details. Applications need to be submitted to the designated office at the Ground Floor in Block B of RTA Head Office. Payment of the compensation starts six months after fulfilling all requirements of the application.

Updating details of beneficiaries requires a copy of Emirates ID, passport, plate ownership certificate, approved letter from the bank showing the Account Number and IBAN, and a completed waiver form in case of opting for final compensation.

Updating details of heirs requires the submission of plate ownership document, copy of Emirates ID and passport of each heir, estate listing or decree of distribution, approval of Awqaf and Minors Affairs Foundation in case of minors, and a letter from the bank showing the account number and IBAN.

From the start of May this year, RTA endorsed the 2019 increment for taxi plate owners and paid dues to beneficiaries or their heirs amounting to AED5000  per plate. The payment was made to those who have updated their details after the issuance of Resolution No (8) and who have not received the final compensation by the date of payment.

-Ends- 

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases