FASTags with incomplete KYC to be detactivated after Jan 31: Check how to update
Tuesday, 16 January 2024 NHAI said that it had taken the initiative after it was informed that more than one FASTag has issued for particular vehicles without the necessary KYC, which clearly violates the RBI's mandate.
India welcomes FY 2024-25, ushering in new rules from April 1, including reduced LPG cylinder prices and a revised tax regime. Taxpayers can now choose between old and new tax systems, while FASTag users must update KYC details to avoid disruptions. Meanwhile, essential medicines and car prices see marginal increases.
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NHAI launches 'One Vehicle, One FASTag' initiative to improve Electronic Toll Collection (ETC) system. FASTag users urged to complete KYC process as per RBI... IndiaTimes Also reported by •BGR India
NHAI warns that all incomplete KYC FASTags will be deactivated by banks after January 31, regardless of balance. NHAI estimates that out of the 7 crore issued... IndiaTimes