The government had first notified about the toll-free travelling at the national highways for 2nd of December 2016. The government had first taken this decision after the demonetization on 8th of December 2016. The government had notified about the same to make the people relax from paying the Toll Tax, who have a shortage of new currency.
Besides this, the news had come tomorrow i.e on 1 December 2016, before the starting of Toll tax at National highway, that the old currency notes of Rs.500 will not be used to pay the toll tax. The government had issued the notification to trap the people who want to take the opportunity from the taxing department to make their black money white. People might also face the problem to get the change if they are paying the toll by new currency notes of Rs.2000. Hence the government are regulating several means to make lead the conflicts away.
As we all know that Demonetization is about to make Indian economy cash free. Now as the transaction are going to be cashless hence the toll both avail the facilities for e-transactions, by installing the swipe machine. Now from today’s midnight people are need to pay the toll tax, either by their card or by the new currency notes. The change in government regulations is to regulate the black money holder and to make the people know that they had to go for the cashless transactions now.
The government had also notified the people that how they can made the easy cashless payment for the toll. They had issued the FASTags to make the payment easier. The FASTags facility is arranged by the Ministry of Road Transport and Highways. People can now stick the Fastags at their windshield to the payment paid from the linked account. The FASTags are also available at every toll booth for the smooth functioning. Besides this, the government had also maintained some regulations to manage the traffic on the highways.
- What are FASTags?
FASTags is mean to channelise the cashless payment of tax at the toll booth. This is a Radio Frequency Identification Technology device which can be used to pay the toll directly by the account linked to it. People need to stick the FASTags at the windshield. The Tag will also have a validity of 5 years. Besides this, the Toll Booth also channelised the swipe machine for smooth functioning. Stay tuned with us for more updates and news feeds like this.
One can buy this FASTags from Point Of Scale Location at Toll Plazas or from the respective bank branch to make the account tag. Stay tuned with us for more updates and news feeds like this.