Cash Crunch: Toll tax suspension on national highways extended till December 2

Toll tax exemption on highways has been extended till December 2 midnight. Earlier, government extende its decision to suspend toll charges till November 24 on National Highways till the midnight.

The decision has been taken to ensure smooth traffic movement across all National Highways and provide relief to cash-starved people who are queuing up outside banks and ATMs after Rs 500 and Rs 1,000 notes were demonetized.

Instructions have been issued to all concessionaires, including BOT, OMT operators and other fee collection agencies, about the extension of toll suspension date.

Also Read: From today, get new currency of Rs 2000 through card swipe at Big Bazaar counters too

A day after Prime Minister Narendra Modi announced ban on Rs 500 and Rs 1,000 notes to tackle corruption and black money, government had on November 9 said that no toll fee would be collected on National Highways till November 11 midnight. The deadline was again extended till November 24 midnight.

Also Read: Currency ban | Last day to spend: Deadline to use old Rs 500 and 1000 notes ends today

The government had earlier decided to accept the withdrawn notes at toll plazas till November 11 midnight but that led to chaos in the absence of adequate change, causing massive traffic jams.

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