Gujarat govt exempts small vehicles from paying toll tax
The Minister was addressing a gathering at the Vadodara-Halol state highway which has become toll free from today.
The Gujarat government on Monday implemented its decision of exempting small vehicles from paying toll on 27 plazas on the 12 state highways, state Minister Pradeep Sinh Jadeja said.
The vehicles include car and jeeps. Gujarat State Road Transport Corporation buses have also been exempted from paying toll tax at the said plazas, the Minister of State for Home and Energy said.
The Minister was addressing a gathering at the Vadodara-Halol state highway which has become toll free from today.
"This (decision) comes as a relief to around 86,000 vehicles passing the 12 state highways daily. The state government will bear the toll tax and it will not be collected from people," Jadeja said.
According to the Minister, the state exchequer will incur an additional expense of Rs 150 crore following this exemption.
The Gujarat State Road Transport Corporation (GSRTC) will save Rs 20 crore per year after the tax exemption and this benefit will be passed on to consumers, he added.
The 12 state highways that have become toll-free from today are Ahmedabad-Mehsana, Vadodara-Halol, Ahmedabad-Viramgam-Maliya, Halol-Godhra-Shamlaji, Rajkot-Jamnagar-Vadinar, Himmatnagar Bypass,
Kim-Mandvi Highway, Bhuj-Nakhatarana Highway, Kapadwanj-Modasa, Deesa-Gundri, Vadodara-Chhayapur and Bagodara-Bamnasore.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
07:11 PM IST