Good News For Road Users, No Hike In Toll Tax Rates For Next Two Months; Here’s Why

Good Information For Street Customers, No Hike In Toll Tax Charges For Subsequent Two Months; Right here’s Why

The toll fees are raised usually yearly on the primary day of April.

Road Users, Toll Tax, Model Code of Conduct, MCC, Lok Sabha Elections 2024, National Highways Authority of India, NHAI, toll plaza, Election Commission of India, ECI
The revision of toll charges has been placed on maintain. (File)

Toll Tax Charges: When you had been considering that beginning Monday, April 1 you would need to pay an elevated toll cost then there may be information for you.

It’s excellent news!

The toll fees which are normally elevated in India yearly on April 1 firstly of the brand new monetary 12 months, is not going to be hiked for the subsequent two months. It’s because the Mannequin Code of Conduct (MCC) has been carried out throughout the nation for the reason that announcement of the Lok Sabha Elections 2024.

“The revision of person charge (toll) charges with impact from April 1 has been placed on maintain after taking permission from the Election Fee,” a senior official from the Nationwide Highways Authority of India (NHAI) mentioned whereas speaking to the information company Reuters.

Over Rs 5,40,000 crore had been collected in FY23 as in comparison with Rs 2,52,000 crore in FY19, as per Reuters. The rise has been attributed to the elevated toll taxes and the organising of extra toll plazas.

The Position Performed By Election Fee of India

The Election Fee of India (ECI) earlier advised the NHAI that new charges can be relevant solely after the Lok Sabha elections. The ECI, nevertheless, requested the state-owned authority to proceed with calculating the brand new toll charges, studies information company PTI.

The annual revision of toll hikes was anticipated to be within the vary of a median of 5 % and was to come back into impact on April 1 for many toll plazas on the highways and expressways throughout the nation.

“The method required for the choice on the ability tariff could also be continued by the State Electrical energy Regulatory Fee. Nonetheless, tariff award shall be made solely on the completion of ballot within the related state, i.e after the ballot date/dates within the state.

“In respect of the clarification sought, it’s said that person charge could also be seen in context of the ability tariff as talked about within the Fee’s instruction cited above,” the ECI mentioned in a communication to the highway ministry on April 1, 2024.

The elections for the 18th Lok Sabha will start on April 19 adopted by subsequent phases on April 26, Might 7, Might 13, Might 20, Might 25, and June 1. The counting of votes is on June 4.

(With PTI inputs)



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