NEW DELHI: In a first, NHAI will rope in a bank to collect user fee on a highway stretch, marking a paradigm shift in the tolling system in the country. It has invited bids for selecting an acquirer bank for country’s first multi-lane free flow (MLFF) toll collection on the recently-opened Dwarka Expressway.The MLFF tolling…
A ransomware attack, attributed to the RansomEXX group, hit the National Payments Corporation of India (NPCI) and the connectivity was restored. The Karnataka state tax authorities issued a Rs 32,403 crore GST demand notice to Infosys but withdrew it. Meanwhile, Apple set a new quarterly revenue record in India, new rules for FASTag came into…
New regulations for FASTags, the electronic toll collection system, will take effect on August 1, 2024, as announced by the National Payments Corporation of India (NPCI). These changes aim to enhance the system’s efficiency and security, impacting millions of FASTag users across India. FASTag rules and deadlines The most critical deadline in these new rules…
NEW DELHI: Soon you may not have to wait in queues at toll gates due to technical glitches in reading FASTags strapped on vehicles, which often force toll booth operators to use handheld devices to read the smart tag.The NHAI has ordered a major change in deployment of IT system and hardware at toll plazas…
