• UGI USER
  • Jun 03, 2024
  • 8 Likes
  • 0 Comments

“NHAI INCREASES HIGHWAY TOLLS BY 5%, AFFECTING 855 FEE PLAZAS”

Why in the news?

  • The National Highways Authority of India (NHAI) has announced a nationwide toll hike of an average of 5% starting June 3rd.
  • This increase, initially planned for April 1st but delayed due to elections, affects around 855 toll plazas.

About Toll Tax:

  • Charge for crossing interstate expressways, tunnels, bridges, and other highways controlled by NHAI.
  • Toll Booths: Typically located 60 km apart, with toll calculated based on distance.
  • Purpose: Funds road construction and maintenance.
  • Indirect Tax: Levied on services, not individual income or capital.
  • FASTag Technology: Uses RFID for cashless payments.
source:cnbc
About National Highway Authority of India:

  • Premier highway infrastructure creator in India.
  • Statutory body under the Ministry of Road Transport and Highways.
  • Constituted under the National Highways Authority of India Act, 1998.
  • Responsible for developing, maintaining, and managing National Highways.

Associated Article:

https://universalinstitutions.com/sc-allows-nhai-projects-to-proceed-despite-environmental-clearance-order/