Business

Govt to double toll tax on Motorways

Govt to double toll tax on Motorways

Due to the recent increase in petrol prices, travel costs have increased drastically. Unfortunately, the federal government intends to increase the cost of long-distance travel by increasing the toll tax on highways.

According to reports in the media, the government is considering raising the rate just for single-occupant cars in order to save energy and reduce fuel waste. It’s also exploring a new provision that would allow cars to drive on alternate days depending on odd and even licence plates.

The proposed strategy calls for provincial governments to make thorough biannual car maintenance a requirement for all drivers. Another plan proposes for making Sundays vehicle-free in major cities and decreasing the speed restriction on highways and highways.

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Fuel Concerns

Miftah Ismail, the Federal Finance Minister, has issued a public warning about an expected increase in petrol prices.

In an interview with a prominent talk show, Ismail stated that the government has no alternative but to raise fuel prices due to an agreement with the International Monetary Fund (IMF). He predicted that the economic downturn would be over in three months.

Prime Minister Shahbaz Sharif recently launched the “sasta fuel sasta diesel” initiative to help underprivileged groups. People with monthly household incomes of less than Rs. 40,000 are eligible for the programme.

RELATED: PM Sasta Diesel, Sasta Petrol Relief Package – How to Apply

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Business

Ahmed Khan is a Senior Editor at Pakistan Lounge and joined in July 2021. Formerly News Editor at a Local News website

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