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RFID Based Automatic Toll Tax System

This business plan proposes an RFID-based automatic toll tax system to replace the existing manual system. The proposed system uses RFID tags and readers to automatically detect registered vehicles and collect tolls, avoiding time-consuming lines. It can also detect unregistered vehicles. The system components will cost around Rs. 1,70,840 total. Six partners will equally own the company and each invest Rs. 50,000 initially.

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Antara Ghosh
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381 views6 pages

RFID Based Automatic Toll Tax System

This business plan proposes an RFID-based automatic toll tax system to replace the existing manual system. The proposed system uses RFID tags and readers to automatically detect registered vehicles and collect tolls, avoiding time-consuming lines. It can also detect unregistered vehicles. The system components will cost around Rs. 1,70,840 total. Six partners will equally own the company and each invest Rs. 50,000 initially.

Uploaded by

Antara Ghosh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ENTREPRENEURSHIP PROJECT-

BUSINESS PLAN
RFID Based Automatic Toll Tax System

Submitted By
Anirban De
Antara Ghosh
Tanya Barnwal
Anusua Guchait
Unnat Singh
Pinaki Adhikari
Content
EXISTING SYSTEM

All vehicle has to stop at toll plaza along the highway


to pay the toll.

Drawbacks:
this type of system for
collecting toll tax is time
consuming method.
Proposed System
This type system is simple in construction; provide
automatic toll collection and vehicle theft detection.
Using RFID tag.

This system is capable of


determining if the car is
registered or not.
COMPONENTS & PROJECT COSTING

COMPONENTS PRICE (Rs)


1. RFID Reader(860MHZ- 26,000/pc.
960MHZ)
2. RFID Tags 40/pc.
3. Servomotor and driver with 30,000
encoder cable
4. camera 7000
5. Controller 3000
6. Internet 1500/ year
7. Router 1500
8. Firebase ( flame plan) 1800/month
COMPONENTS & PROJECT COSTING

9. Installation Charges 1,00,000


(including labor burden)
Total 1,70,840

OWNERSHIP :-

• the company will be owned by 6 partners in the


ratio of 1:1:1:1:1:1 .

•Each partner will invest an initial amount of


50,000.

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