FASTag increased toll ! Big News: FASTag can be expensive! Banks are putting pressure to increase margin, what did NHAI answer?
New Delhi. Banks have started pressurizing them to increase their margins in lieu of toll payment done through FASTag. Banks have written to the National Highways Authority of India (NHAI) asking them to increase the FASTag Project Management Fee (PMF). The Indian Banks Association (IBA), in its recommendation sent to NHAI and the Ministry of […]
Windfall Tax Latest Update: What is windfall tax after all? There is a lot of discussion about putting it first and removing it now.
New Delhi: In order to control the prices of petroleum products in the domestic market, the government imposed windfall tax on their exports on July 1. The government has now cut it. A windfall tax of Rs 6 per liter was imposed on the export of petrol and ATF, while a tax of Rs 13 […]
