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Home Personal Finance Toll tax increase: Big news! Traveling on National Highway will become expensive,...

Toll tax increase: Big news! Traveling on National Highway will become expensive, government may increase toll tax, new rates will be applicable from this day

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Toll tax increase: Big news! Traveling on National Highway will become expensive, government may increase toll tax, new rates will be applicable from this day
Toll tax increase: Big news! Traveling on National Highway will become expensive, government may increase toll tax, new rates will be applicable from this day

NHAI is planning to increase the toll tax. From the present time, the government is collecting tax at the rate of Rs 2.19 per kilometer. New rates can be implemented after getting this approval from the Ministry of Road and Transport.

Toll Tax : Traveling on National Highway and Expressway can be very expensive. The new rates may be applicable from April 1. If media reports are to be believed then it may increase by 5-6 per cent. Its plan is currently being considered by the National Highways Authority of India (NHAI). According to the report, the government tax on light vehicles which includes cars may increase by up to 5 percent. At the same time, it can increase up to 10 percent on large vehicles.

New rates will be applicable from this day

According to the report, this proposal related to toll tax will be sent by NHAI from all project implementation units by March 25. On the other hand, after getting this approval from the Ministry of Road and Transport from April 1, the new rates can be implemented. Let us tell you that from the present time, the government is collecting tax at the rate of Rs 2.19 per kilometer.

Inflation shock to the public

Everyday there is movement of vehicles on the expressway for about 20 hours. Which may be more than 50 in future. Let us tell you that a few days ago the government had increased the price of gas cylinders. Domestic LPG cylinder was increased by Rs 50 and commercial cylinder by Rs 350. Now once again the public may have to face the brunt of inflation.

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