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GST AVIATION POTENTIAL
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...- IATA says higher GST on non-economy class flight tickets 'disappointing', counterproductiveIATA has expressed disappointment over the GST Council's decision to raise the GST on non-economy flight tickets to 18%, arguing it undermi...
- India soars to 3rd spot in global aviation market, says IATAIndia's aviation sector has surged past pre-pandemic levels, becoming the world's third-largest in passenger traffic. IATA highlights risin...
- How Budget 2025 can prove to be Indian aviation's lucky charm for growthIndia's aviation industry stands at a significant juncture with government initiatives aiming to transform it into a global leader. Focus i...
- Budget 2025: India's aviation sector has wings, but airlines can't fly highUnion Budget 2025: Budget 2025 has the potential to address India's struggling aviation sector through strategic investments, policy reform...
- IndiGo, SpiceJet shares in focus as gov to consider inclusion of ATF under GST regimeShares of aviation companies such as InterGlobe Aviation (IndiGo) and SpiceJet are expected to remain in focus today, as the government may...
- GST exemption to foreign airlines will burnish India’s image: IATA director generalIndia's decision to exempt the import of services by foreign airlines is expected to boost confidence in the aviation sector, Willie Walsh ...
- Ten foreign airlines get GST demands worth Rs 10k cr; IATA says matter risks India's aviation potentialUrging the government to resolve the matter, the International Air Transport Association (IATA) said it is disappointed that the Directorat...
- Bring ATF under GST, moderate rate hikes: Ajay Singh, AssochamAssocham President, Ajay Singh, says that while the RBI has done well in controlling inflation and external shocks, interest rates should b...
- Government mulls incentives to cut emission in aviationThe Aayog has suggested GST at 5% on SAF and said the government could waive charges like passenger fees and user development fees (charged...
- Won't rest till taxes on fuel go down: Aviation Minister Jyotiraditya Scindia“Task is not yet complete... Today, I have 13 more states left to deal with. I commit to you that I would not rest until we make that burde...
- Direct tax receipts: So far, pretty goodThe Centre's gross tax revenue, budgeted at Rs 22 lakh crore for 2021-22, is only about 9.9% of GDP, and less than double that, combined wi...
- Aviation ministry sets up sub-group for suggesting ways to improve cargo-related infrastructure issuesThe sub-group will go into matters that are hindering the growth of domestic cargo by air, the Domestic Air Cargo Agents Association of Ind...
- Civil aviation ministry working on demand to bring jet fuel under GST: KharolaAddressing a virtual event on global aviation and air cargo sector, civil aviation secretary Pradeep Singh Kharola also said the ministry h...
- Civil aviation ministry working on demand to bring jet fuel under GST: KharolaAddressing a virtual event on global aviation and air cargo sector, civil aviation secretary Pradeep Singh Kharola also said the ministry h...
- Taxation imbalances in Indian aviation sector need to be corrected: SpiceJet chief Ajay SinghSingh, who has helmed the turnaround of the once ailing low cost carrier, said big bold reforms and more out of the box thinking can be exp...
- Indian aviation outlook very good; infra worrisome, says IATAClocking high double-digit growth for more than two years, India's domestic aviation market is one of the fastest growing in the world.
- Domestic air fares may rise as airlines claim GST raised cost of operationsThe new levies can wipe off the profits earned by airlines. IndiGo, Jet Airways, SpiceJet — made a profit of Rs 2,479 crore in the year end...
- Bad news for flyers: Airlines may soon push up fares to lighten GST loadCarriers are concerned that increase in tax and likely reductions in input tax credits on economy class revenues could reduce operating fle...
- Put aviation sector in lowest slab of proposed GST: Business Aircraft Operators AssociationBAOA, which claims to be the unified voice of business and general aviation, has, among others, Reliance Industries, Tata Group, Aditya Bir...
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