NHAI increased toll tax by an average of 5%: New rates are effective from today, earlier toll tax was to be increased from April 1

NHAI increased toll tax by an average of 5%: New rates are effective from today, earlier toll tax was to be increased from April 1

The National Highway Authority of India (NHAI) has announced an increase in toll tax from today i.e. June 3. The rates of all toll taxes across the country have been increased by an average of 5%. According to an NHAI official, this change in toll tax is based on the annual Wholesale Price Index (CPI), which affects toll highway user fees. Toll tax was to be increased from April 1 The toll tax increase was announced from April 1, but the Election Commission of India had asked NHAI to implement the new toll rates on highways after the Lok Sabha elections. Toll tax rates are increased on the basis of Wholesale Price Index in National Highways. Usually, toll tax rates are changed from April 1 every year. The road network of 1,32,499 km in the country The total length of National Highways in the country is 1,32,499 km. There are about 855 toll plazas in the entire National Highway network. There are about 855 toll plazas in the National Highway network in India. Of these, about 675 are publicly funded. While, the remaining 180 toll plazas are operated by concessionaires. Toll collection crossed ₹50,000 crore in FY 2023-24 According to government data, toll collection has crossed Rs 50,000 crore (till November 2023) in the financial year 2023-24. This increase in toll collection has happened due to the rapid increase in toll roads and addition of new Fastag users. Toll collection was Rs 25,154.76 crore in 2018-19, Rs 27,637.64 crore in 2019-20, Rs 27,923.80 crore in 2020-21, Rs 33,907.72 crore in 2021-22 and Rs 48,028.22 crore in 2022-23.

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