Do you know how much toll tax is deposited by motorists on national highways during the year? Eyes will widen after hearing the figure

There has been a bumper surge in toll collection on national highways in the country. Toll collection on national highways has crossed Rs 50,000 crore by the end of January this financial year. Toll collections are expected to reach a record level of Rs 62,000 crore this year. Toll collection has increased tremendously.

This increase in collection is due to expansion of toll road and increase in number of FASTag users. According to the report, the country's toll collection has reached Rs 53,289.41 crore in the first ten months of this financial year due to significant increase in toll roads and addition of new roads.

Toll collection increased greatly

According to government figures, the average monthly toll collection from April to January was Rs 5,328.9 crore. This shows that toll collections are on track to reach a record high of Rs 62,000 crore in FY 2024. The total length of toll roads in the country has increased by 75 percent from 25,996 km to 45,428 km by the end of November this financial year.

Toll collection will increase further

The government is preparing to implement GPS based toll collection system soon. This is expected to further increase the toll collection. Experts believe that GPS based toll collection system will increase the revenue of the government. This will encourage motorists to use the toll road instead of alternative routes. However, he also warned that this could increase traffic on the toll road and create new challenges for the government. More than 79.8 million FASTags have been issued by the end of November last year. The average daily toll collection through FASTag at the National Highway Fee Plaza is around Rs. 147.31 crores.

There is a difference between toll tax and road tax

There is a difference between toll tax and road tax. You must have seen toll on any highway. Why is toll tax charged? These questions must have come to your mind. As you all know that National Highway is an important asset of the country. Government is responsible for construction and maintenance of roads. This toll tax is used for construction and maintenance of roads.