The four-member fare-fixation committee consisting of officials of Delhi Transport Department will submit its report to the government on fare revision soon.
The fares had been last revised by the then Sheila Dikshit government in May 2013.
"The four-member committee is in the process of finalising its recommendations. However, the final decision on whether fares would be increased will be taken by Chief Minister Arvind Kejriwal," a senior government official said.
As Delhi Transport Minister Gopal Rai is currently in Chennai for physiotherapy following a surgical procedure, the committee will submit its report to the minister when he return to the national capital.
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Those choosing yellow-black taxis for travel have to pay Rs 25 for the first kilometre. The charges for every subsequent kilometre is Rs 14 for non-AC taxis and Rs 16 for AC taxis.
There are currently about 80,000 autorickshaws and 12,000 yellow-black taxis plying on the capital's roads.
Rajendra Soni, general secretary of Delhi Autorickshaw Sangh and Delhi Pradesh Taxi Union, said since May 2013, there has been an increase in prices of CNG, spare parts, insurance and cost of labour.