Budget finely balances growth & fiscal consolidation: FM Sitharaman

New regulations for FASTags by the National Payments Corporation of India, taking effect from August 1, 2024, mandate KYC updates for tags issued three to five years ago by October 31, 2024, and replacements for tags older than five years. Vehicle owners must ensure their FASTags are linked to registration and chassis numbers by this deadline to avoid service disruptions.