Business

Lahore Ring Road toll tax hikes by 20 percent

Published by
Staff Reporter

LAHORE: As part of a slew of economic measures, Punjabi authorities have raised the toll tax on the Lahore Ring Road in response to rises in the cost of cars, gas, and license fees.

The Lahore Ring Road Authority has increased tolls on a variety of vehicles, including heavy trucks and private automobiles, by twenty percent.

Private vehicles and jeeps will now pay a toll of Rs. 60 per trip instead of the previous Rs. 50 due to a hike of Rs. 10.

Likewise, coasters and passenger vans will now pay Rs. 120 instead of Rs. 100, a rise of Rs. 20.

For passenger buses, the toll tax has been elevated by Rs. 50, making the new total Rs. 300, compared to the previous Rs. 250.

Meanwhile, the toll tax for loader trucks, pick-ups, and dumpers has surged from Rs. 300 to Rs. 360, marking a significant Rs. 60 rise.

Finally, heavy vehicles face the steepest increase, with their toll tax soaring to Rs. 600 from the previous Rs. 500, representing a substantial inflation of Rs. 100.

Meanwhile Lahore Ring Road Southern Loop 3 project is expected to be finished in just 5 months

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Previously, there were court cases surrounding the project, but they have now been resolved, clearing the way for its progress.

The project’s path through Bahria Town received tremendous support from the housing society all obstacles have been removed, and the entire area for the project is now clear.

The completion of the Ring Road Southern Loop 3 will significantly ease traffic congestion for those travelling from South Punjab to Lahore, relieving pressure on Thokar and Canal Road. The residents of all Housing Schemes around Multan Road will also benefit from the project.

Staff Reporter

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