Searched for
CUT VAT ON ATF
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...- ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...
- Air India, IndiGo to cut domestic flight operations as ATF prices, low demand hurt: ReportAir India and IndiGo are reducing domestic flights starting June 1 for three months. This move comes as jet fuel prices surge and demand di...
- Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
- Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- Civil aviation ministry looks at multiple options to minimise West Asia crisis impact on airlinesAirlines are grappling with soaring operational costs due to the West Asia conflict, prompting the civil aviation ministry to explore tax c...
- Bihar slashes VAT on aviation turbine fuel to 4% to boost air connectivityThe Bihar Cabinet has approved a significant reduction in the value-added tax (VAT) on aviation turbine fuel (ATF), lowering it from 29% to...
- Cut VAT on ATF or risk flight diversion, Delhi toldMinister Rammohan Naidu Kinjarapu urged Delhi CM Rekha Gupta to lower VAT on aviation fuel. He warned that high VAT could drive airlines to...
- Jharkhand Government slashes VAT on jet fuel to 4 % from a 20 % high"The State Government will amend serial number one of Schedule- II Part-E of Jharkhand Value Added Tax Act, 2005 in order to improve the ai...
- No decision on cut in tax on ATF: SourceATF makes up for about 40 per cent of the operating cost of an airline. Jet fuel prices are at a record high in line with the global surge ...
- Dadra-Nagar Haveli and Daman-Diu cuts VAT on jet fuel to 3 pcThe civil aviation ministry has been urging states and Union Territories (UTs) to reduce the VAT levied on Aviation Turbine Fuel (ATF), whi...
- ATF price cut by 2.6%; to cost less than petrol, dieselATF in Delhi was cut by Rs 1,962 per kilolitre, or 2.6 per cent, to Rs 72,605 per kl (Rs 72.6 per litre), according to a price notification...
- Government cuts excise duty on Aviation Turbine Fuel to 11 per cent from 14 per centJet fuel prices this month hit their highest level since January 2014 as rising international oil prices and plummeting rupee value pushed ...
- Air travel from Delhi to remote areas set to get cheaperManish Sisodia said the cut in VAT on ATF will be applicable for direct flights between Delhi and remote areas identified under the RCS.
- Oil firms cut jet fuel prices further by Rs 2,100 per kilolitreState-run oil firms on Monday cut jet fuel prices further by Rs 2,100 per kilolitre on top of the 17 per cent reduction announced last week...
- VAT rate cut on ATF may take some more timeThe beleaguered aviation industry has got relief from the Centre with abolition of basic customs duty on jet fuel, but help from the states...
- Twin bonanza for airlines; ATF prices cut, customs duty scrappedIn double cheers for the cash- strapped airline industry, prices of jet fuel prices will be cut drastically as a result of 16.8 per cent re...
- No unilateral decision to bring down sales tax on ATF: FMThe Finance Ministry has decided that it would not take any unilateral decision of compelling states to bring down sales tax rate on aviati...
- Centre may pillion tax-cut driveAsim Dasgupta tells central govt to pick up half of rs 8,000-cr tab; panel to review atf tax on Sat.
Load More
