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Toll tax revenue surges to Rs 436.86 cr in 2023-24 in J&K: GoI | KNO

‘UT still among lowest in India’

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Srinagar, Feb 13 (KNO): Jammu and Kashmir’s toll tax revenue has witnessed a significant increase over the past five years, rising from Rs 130.07 crore in 2019-20 to Rs 436.86 crore in 2023-24, according to data presented in the Lok Sabha on Thursday. However, despite this growth, J&K remains among the states with the lowest toll collection in the country. Compared to states like Uttar Pradesh (Rs 6,695.40 crore in 2023-24) and Rajasthan (Rs 5,549.48 crore), J&K’s revenue is relatively modest. Even neighboring Punjab, which recorded a dip in toll collection in 2020-21 (282.15 crore), saw a sharp rise to Rs 1,491.94 crore in 2023-24—more than three times that of J&K. The data also reveals a steady year-on-year increase in toll collection in J&K. In 2020-21, revenue dropped slightly to Rs 108.75 crore but rebounded to Rs 194.81 crore in 2021-22. The following years saw even stronger growth, reaching 409.96 crore in 2022-23 before hitting Rs 436.86 crore in 2023-24—(KNO)

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