TOLL FEE HIKE
Toll tax hiked: What is toll tax? Why did it increase after Lok Sabha elections?
When you use national or state highways, bridges, tunnels, and interstate expressways, you must pay road charges, also referred to as "tolls." In India, the National Highway Authority of India (NHAI) is responsible for overseeing the entire road network, including the policies and procedures pertaining to toll taxes.
Govt imposing more burden on people: CPI(M) on hike in milk prices, highway toll
The CPI(M) on Monday condemned the hike in milk prices and highway toll, saying the government was waiting until elections to impose "further burden" on the people. In a statement, the CPI(M) Politburo said the hike in highway toll will lead to increase in price of all commodities.
NHAI's revised toll rates come to effect across highways
NHAI has hiked toll charges by 5% on national highways. The revised user fee has been implemented from Monday, affecting motorists across the country.
India to increase road toll charges from Monday
India will hike road toll charges across the country by 3-5% from Monday, officials said, after putting the annual increase on hold in April due to the country's general elections. Toll charges in India are revised annually in line with inflation, and highway operators have announced hikes of 3% to 5% at nearly 1,100 toll plazas starting Monday.
Amul milk price hiked by Rs 2/litre from today, sparks consumer concerns post elections
The Gujarat Cooperative Milk Marketing Federation (GCMMF) has announced a Rs 2 per litre price hike for all variants of Amul milk, effective from Monday. The decision was made in response to the rising costs of operation and milk production. Jayen Mehta, Managing Director of GCMMF, confirmed the price increase, noting that the last adjustment was made in February 2023. The hike aims to compensate farmers for their increased production costs.
Congress promises big road toll revamp in its Lok Sabha election manifesto
The policy on road tolls will be reviewed, the party's manifesto said. Also, formulae will be applied to determine the toll amount and the period of levy for each stretch of the road, it added.
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New toll rates on highways to be effective after Lok Sabha elections
NHAI to calculate new user fee rates annually, post Lok Sabha elections, affecting over 850 user fee plazas. ECI defers toll fee hike linked to wholesale price index inflation.
Bandra Worli Sea Link Toll Tax Hiked: See revised toll fees for cars, bikes, buses and more
The toll charges on Mumbai's iconic Rajiv Gandhi Bandra Worli Sea Link has increased by about 18 per cent from April 1, officials from the Maharashtra State Road Development Corporation said.
Mumbai's Bandra-Worli sea link toll rates to surge from next week: Here are the revised rates
Starting April 1, motorists crossing Mumbai's Rajiv Gandhi Bandra Worli Sea Link will see toll charges rise by approximately 18%, announced by Maharashtra State Road Development Corporation officials. Cars and jeeps will pay Rs 100, while minibuses and similar vehicles will pay Rs 160. Two-axle trucks will face a toll of Rs 210. These changes will be effective until March 31, 2027. Additionally, discounts for frequent travelers are available.
Wall Street bank bosses warn lawmakers of economic toll from tough new rules
The industry has been waging a fierce campaign to kill the "Basel endgame" proposal, which overhauls how banks must calculate their loss-absorbing capital, and as regulators roll out fair lending and fee cap regulations, among other rules.
PNB revises fee on failed ATM cash withdrawal transactions due to insufficient funds with effect from May 1, 2023
Punjab National Bank will levy charges on failed domestic ATM cash withdrawal transactions due to insufficient funds. Here are the guidelines for failed ATM transactions.
FASTag toll collection touches Rs 4,218.89 crores in April 2022
Compared with April 2021, the number of FASTag transactions increased by 61.87 per cent while the collections rose by 51.93 per cent in the month under review.
New academic session in standalone B-schools to begin from July, no hike in fees permissible: AICTE
"All standalone institutions offering Post Graduate Diploma in Management (PGDM) and Post Graduate Certificate in Management (PGCM) courses will have to follow the new academic calendar.
Logistics costs set to rise as freighters hike tariffs
Truckers have increased tariffs by up to 80%, said people aware of the matter. Blue Dart has implemented a 25% emergency situation surcharge (ESS).
ICRA says exemption of toll will lead to Rs 460 crore revenue loss
A majority of the highways do not have a sizeable accumulated surplus or a debt service reserve account (DSRA), which will put these projects under stress, ICRA said.
High WPI to boost toll road revenues for FY18: ICRA
The report also said the toll fees are revised annually to adjust for inflation, as determined by the movement in the WPI, which links the revenues.
Toll on six-lane highways only after construction
The government has agreed to carry out six-laning under hybrid annuity mode implying tolling will start only after construction is complete.
J&K Budget: Fee waiver for school girls; hike in VAT
Giving details of the Budget estimates, Drabu said Rs 19,694 crore will be the capital expenditure while Rs 44,975 crore will be the revenue expenditure.
ADA proposes hike in Taj Mahal entry fee
Entry fee to World Heritage Monument Taj Mahal is likely to go up again as the Agra Development Authority has proposed an increase in its share, weeks after ASI announced a steep hike in ticket cost.
NHAI hikes toll fee on National Highways
In Tamil Nadu, the hike is applicable to 20 of the total 42 toll plazas, it added, without elaborating further.
E-way safety first, toll hike plan shot down
Officials said the UP government has authorised YEIDA to sanction the annual increment in toll rates on the expressway from April 1 every year.
Record 83% of funds for roads from cess, tolls
About 83% of the total allocation for road transport and highway ministry proposed in the Budget will come from the increased fuel cess.
After 12-year break, ASI hikes Taj Mahal ticket price by 200%
For category 'A' monuments, which include World Heritage sites, ticket price has been raised from Rs 10 to Rs 30 for Indians and from Rs 250 to Rs 750 for foreigners.
Noida's Yamuna e-way toll rises again
The new toll rate for cars is Rs 360 while it is Rs 175 (up by Rs 10) for two-wheelers for a one-way trip to Agra from Greater Noida.
Madras High Court restrains NHAI from collecting toll
Madras High Court granted an interim injunction restraining National Highways Authority of India from collecting toll at Paranur near Chengalpet.
Bhartiya Kisan Union workers occupy Noida toll plaza, demand DND be toll-free
The protestors vacated the toll plaza after administration and DND (Delhi-Noida-Delhi) management urged them to end their demonstration.
Government to amend rules for levying toll charges
'The toll that is being charged from the date of awarding of contract for expansion of highways from four lanes to six lanes is being done as per the rules notified in 1997.'
Toll war: Minister supports Planning Commission, ministry opposes
Once again, the Planning Commission and the roads ministry are at loggerheads over increasing toll on highways.
Premji takes pay cut, but hike for others in Wipro top brass
Wipro had paid a total remuneration of $3,28,556 to its Chairman in FY-09.
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