In a recent series of economic adjustments impacting various sectors, including car prices, petrol rates, and license fees, the Punjab authorities have now introduced an increase in toll taxes on the Lahore Ring Road. This move by the Lahore Ring Road Authority aims to address financial considerations and contribute to ongoing infrastructure developments.
Toll Tax Hike Breakdown:
The toll tax hike, set at 20 percent, encompasses a broad spectrum of vehicles, from private cars to heavy trucks. Here is a breakdown of the changes affecting different vehicle categories:
Vehicle Category | Previous Toll Tax (Rs.) | New Toll Tax (Rs.) | Increase (Rs.) |
---|---|---|---|
Private Cars and Jeeps | 50 | 60 | 10 |
Passenger Vans and Coasters | 100 | 120 | 20 |
Passenger Buses | 250 | 300 | 50 |
Loader Trucks, Pick-ups, Dumpers | 300 | 360 | 60 |
Heavy Vehicles | 500 | 600 | 100 |
These adjustments are part of broader economic strategies and will contribute to funding vital infrastructure projects.
Positive Developments in Lahore Ring Road Project:
Simultaneously, there have been positive developments regarding the Lahore Ring Road Southern Loop 3 project. Despite previous legal challenges, the project now set to complete in just five months.
Court cases that were hindering the progress of the project have successfully resolved, removing obstacles and paving the way for its smooth continuation. Notably, the project’s alignment through Bahria Town has received strong support from the housing society, leading to the clearance of the entire area designated for the project.
The completion of the Ring Road Southern Loop 3 expected to alleviate traffic congestion for those traveling from South Punjab to Lahore. This development will particularly ease the pressure on key routes such as Thokar and Canal Road, benefiting residents of housing schemes around Multan Road.