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Toll tax is collected to recover the total capital outlay which includes the
cost of construction, repairs, maintenance, expenses on toll operation and
interest on the outlay.
The new facility thus constructed should provide reduced travel time and
increased level of service.
In India most of the highway projects are given on PPP basis, i.e. Public
Private Partnership.
In this the private organization finances and constructs the facility and
recovers the capital from the users in the form of toll tax.
This tax is collected for a reasonable period of time after which the facility
is surrendered to the public.
Of late, toll tax is being levied on parking of vehicles in the urban
centers in a move to decongest the streets and reduce the pollution levels.
This concept is known as Congestion Pricing.
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