Toll Tax New Rule: Now you are going to get great relief from the traffic of toll plazas on expressways and highways. For this, the government is bringing a new toll policy. Under this policy, you will have to pay a toll only for the distance covered by your vehicle! But keep in mind, under this rule you have to pay your toll on time, otherwise, you may have to pay a fine more than the toll.
Not only this, if you do not pay the toll on time, then your civil score can also fall, which can be reflected in taking a loan or credit card. The government, RBI, and banks are having final discussions among themselves on this rule. Therefore, you should always stay updated about these changes. This new policy will make your journey even easier and economical.
The common man will get tremendous benefits
The Ministry of Road and Transport is constantly working on various ways to get people out of traffic. The ministry is going to determine the toll based on GPS mapping. Under this, you will have to pay a toll only for the distance covered by your vehicle on the national highway and expressway. This rule can prove to be very beneficial for those who travel short distances daily. Usually, whenever you used to travel a distance of 50 km, you had to pay a toll of ₹ 150-200, even if you travelled a lesser distance than that. Now this injustice is going to end.
The toll will be calculated through GPS tracking.
Now the toll will be checked according to the kilometers driven by your vehicle on highways and expressways. For example, if you travelled 40 km in your vehicle, you will have to pay only ₹ 110 as a toll at the rate of approximately ₹ 2.75 per km. Earlier, even if your vehicle travelled only 10 km, you had to pay a fixed amount of ₹ 150-200. This new system will bring big relief to those who travel short distances and used to pay unnecessarily high tolls.
What the rule says
You must always maintain a minimum balance in your FASTag wallet. If your wallet runs out of money and you are unable to pay the toll, your FASTag will be blacklisted. Therefore, you must always keep your FASTag recharged so that you can avoid any kind of inconvenience.
Negligence in paying tolls will be costly
Even after FASTag is blacklisted, if you do not deposit the money within 2-3 days, you may have to pay a fine of 3-5 times the toll amount. Along with this, this negligence can also spoil your CIBIL score, due to which you may have a lot of trouble taking a loan in the future. Therefore, avoiding any kind of negligence in toll payment is extremely important for your financial future.
Game of CIBIL score
CIBIL score is very important in the bank. Your CIBIL score (300 to 900) tells about your ability to repay the loan. The higher the CIBIL score, the more easily the bank will give you a loan or credit card. Due to a bad CIBIL score, the bank considers you a careless customer. Therefore, you need to maintain your CIBIL score by paying tolls on time and being careful in other financial transactions.