Page 2 - Toll Tax

'False' toll fee deduction? Know why it happens & how to remain protected?

For any false deduction, call customer support, report the wrongful transaction, file a formal complaint, dispute the charges, and request a Tag change from the bank

NHAI fines toll collectors for 'false' deductions - Check how to reclaim it

The 'false' FASTag toll deduction happens when money is wrongly deducted from a vehicle owner's FASTag account due to system errors, operator mistakes, or tech glitches in toll plaza infrastructure

IRB Infra toll revenue up 20% to Rs 560 cr in Jan, highest from Maharashtra

IRB Infrastructure on Monday posted a 20 per cent year-on-year rise in toll revenue to Rs 559.7 crore in January. Revenues from the toll collection business stood at Rs 466.8 crore in the same month last year, IRB said in an exchange filing. Of its 17 tolls, the IRB MP Expressway in Maharashtra contributed the major share of Rs 155.2 crore to the total revenue collection in January, followed by IRB Ahmedabad-Vadodara Super Express Tollway, which contributed Rs 69.9 crore, it said. The company collected Rs 33.1 crore in toll revenue from CG Tollway (Chittorgarh to Gulabpura, NH 79). Amitabh Murarka, Dy CEO of the company, said, "We continued strong growth in January... This momentum is expected to continue, driven by recent Budget allocations aimed at boosting consumption and tourism while enhancing transportation infrastructure, which, in turn, will increase traffic on our assets in 12 states." IRB is India's first integrated infrastructure player in the highways segment. It is t

No more toll hassles: Annual, lifetime highway passes for commuters soon

The government is planning to bring annual and lifetime toll passes for 15 years for Rs 3000 and Rs 30,000, respectively, to reduce the toll burden on regular commuters

AIMTC urges government to address issues of toll hikes, e-challan misuse

All India Motor Transport Congress (AIMTC) national president Harish Sabharwal on Friday asked the government to address issues like exorbitant increase in toll tax rates and misuse of the e-challan system. The charge handover and oath taking ceremony of the newly elected office bearers of AIMTC was held on Friday, where Amritlal Madan, the outgoing President of AIMTC, officially passed on his responsibilities to the newly elected president Sabharwal and his team. AIMTC in a statement said some of the key issues that will be high on Sabharwal's agenda include abolition of border checkposts in the states especially in Maharashtra, Karnataka and Chhattisgarh. The truckers body said exorbitant increase in toll tax rates, checking misuse of E-challan system and impractical ban on 10-year old diesel vehicles in DelhiNCR are also on agenda of the newly-elected president of AIMTC. AIMTC also demanded that the government should constitute 'Drivers Samajik Suraksha Welfare Board' with ...

DND flyway toll ends: Supreme Court ruling brings relief to commuters

A Supreme Court bench stated that the Noida Authority 'overstepped its authority' by delegating the power to NTBCL to collect or levy fees on DND flyway, which resulted in an undue burden on commuters

IRB Infra Trust makes non-binding offer to IRB InvIT Fund for 5 toll assets

IRB Infrastructure Trust has made a non biding offer to IRB InvIT Fund to transfer five toll assets having an enterprise value of Rs 15,000 crore as of September 2024, according to an exchange filing on Thursday. In a statement, IRB said it plans to re-invest the proceeds raised from the deal in upcoming opportunities in the infrastructure sector. IRB Infrastructure Trust is IRB Infrastructure and Developers' private InvIT (infrastructure investment trust) with 51 per cent stakeholding, while IRB InvIT Fund is a publicly listed InvIT platform in which the infrastructure player has a 15 per cent share. "IRB Infrastructure Trust, an associate, has announced a non-binding offer to transfer five matured highway assets to the IRB InvIT Fund," IRB Infrastructure Developers Ltd (IRB) said in a statement. The proposed transfer is subject to execution of definitive documents and the receipt of necessary approvals, the company said. IRB along with the associate operates 17 toll assets. In .

Poll-bound Maharashtra scraps entry toll for light motor vehicles in Mumbai

The toll fees for five entry points in Mumbai: Dahisar, Mulund, Vashi, Airoli, and Tinhanth Naka, were revised on October 1, inviting criticism against the Eknath Shinde government from the Opposition

No toll up to 20 km on highways: How new satellite-based toll system works

Under new rules, private vehicles with GNSS can travel up to 20 km daily for free on select highways; a fee will be applied beyond 20 km

New toll rules: Is FASTag's end near with GNSS rollout? Who's using it?

Vehicles equipped with On-Board Units (OBUs) featuring GNSS will automatically have tolls deducted based on the distance travelled, with the initial 20 km being free of charge

Goodbye to toll plazas and waiting? Centre notifies GPS-based toll system

Vehicles equipped with Global Navigation Satellite System (GNSS) On-Board Units (OBUs) will be able to automatically pay tolls based on the distance they travel

NHAI to track 100 toll plazas with GIS-based software for seamless traffic

State-owned NHAI will track around 100 toll plazas with GIS-based software for seamless movement of traffic at national highways, an official statement said on Monday. According to the statement, these toll plazas have been identified based on congestion feedback received through 1,033 national highway helpline. The live monitoring and tracking system will provide congestion alerts and lane distribution recommendations when the queue of vehicles at a toll plaza is more than the prescribed limit, it added. The monitoring service will be extended to more toll plazas in a phased manner. Apart from providing the name and location of the toll plaza, the statement said the software will share details related to the live status of queue length in meters, total waiting time and vehicle speed at toll plaza. It will also provide congestion alert and lane distribution recommendation, if the queue of vehicles at a toll plaza is more than the prescribed limit, the statement added. In addition

IRB Infrastructure Q1FY25 results: Toll collection grew 32%, PAT rises 5%

The company reported a toll collection worth Rs 1,556 crore for the first quarter of the ongoing financial year

The 'default' path: PSBs classify Reliance Infrastructure's SPV as NPA

Recently, RBI proposed to increase standard asset provision requirements for project loans during the construction phase to 5% from 0.40% now

Car driver runs over toll staff on Delhi-Meerut expressway, video viral

A female staff at the Kashi toll plaza in Paratpur area on the Delhi-Meerut Expressway experienced major injuries when struck and run over by a car, whose driver fled the spot

Satellite-based toll collection system to replace toll plazas: Gadkari

Speaking on complaints of exorbitant toll taxes, the Minister pointed out that highways save time and thereby fuel usage as well

Paying road tax online in India: Everything you need to know about this tax

The state government collects tolls, passenger and goods taxes, and motor vehicle taxes annually or for a lifetime. Both the central and state governments charge a road tax

Toll on Mumbai-Pune Expressway to be increased by 18% from April 1

Toll for vehicles on the Mumbai-Pune Expressway, the first access-controlled road of the country, will increase by 18 per cent from April 1, officials of the Maharashtra State Road Development Corporation (MSRDC) said on Tuesday. A senior MSRDC official said that though the toll increases by six per cent annually, it is implemented cumulatively at 18 per cent after every three years, as laid down in a government notification of August 9, 2004. The new toll will be Rs 320 for four-wheelers like cars and jeeps instead of the current Rs 270, and Rs 495 for vehicles like mini-bus and tempos instead of the current Rs 420, another official said. Toll for two-axle trucks will increase to Rs 685 from the current Rs 585. For buses, it will increase to Rs 940 from Rs 797. Three-axle trucks will be charged Rs 1,630 instead of Rs 1,380 and multi-axle trucks and machinery-vehicles will have to pay Rs 2,165 instead of current Rs 1,835. Toll would remain the same till 2030 as there would not be

Toll operators in India to see a revenue jump of 16-18% in FY23: CRISIL

In FY24, the revenue growth will continue to be strong, but it will be a lower 9-11 per cent

NHAI likely to discontinue fixed toll tax at Delhi-Gurugram Expressway

Currently, for a single journey, a car is charged Rs 80 while a bus or truck pays Rs 235 at the Kherki Dhala tolling booth