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AIR TRAVEL GST
Double-digit sales growth in apparel, ACs, premium goods faces inflation & monsoon testDiscretionary spending is witnessing a notable resurgence, particularly in the apparel and white goods sectors, which have both seen impres...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
- Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
- Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
- 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...
- IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
- GST impact on air travel: Do you have to pay extra GST if your travel date is after September 22, 2025?The GST council is implementing a two-tier GST rate system starting September 22, 2025, impacting air travel. Premium class tickets will se...
- GST impact: Like premium air travel tickets, will premium railway tickets cost more after GST 2.0?Get ready for changes in Goods and Services Tax or GST on air travel. From September 22, 2025, premium air tickets will cost more with an 1...
- 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...
- Hotel Rooms to Casinos: GST on key services in spotlight ahead of council meetTeam GST is convening to address service tax classifications within the 12%, 18%, and 28% slabs, aiming to simplify the regime and potentia...
- Flying Air India with excess baggage will cost you more nowIt has been decided to revise the excess baggage rate in the domestic sector to Rs 500 per kg per coupon on all travels commencing on or af...
- Travel agents can take input tax credit on ticket sales: Air IndiaWith the implementation of the Goods and Services Tax (GST), there is ambiguity on whether a travel agent can take input tax credit.
- GST benefits: Companies need to provide information to airlines for business class ticketsGST framework, which came into effect from July 1, provides for certain input tax credit only on business class tickets and there is no suc...
- Planning to travel after July 1? Everything you need to know about post-GST faresBe ready to shell out more if you are travelling by train in an AC coach or by air in business class as the Goods and Services Tax is set t...
- GST won't have major impact on air passenger growth: ICRAGST on the economy class air travel has been finalised at 5%, which is 100 basis points lower than the existing service tax rate while the ...
- Passenger-friendly GST should help low-cost aviation stocks to take offUnder the GST, economy class air tickets will get cheaper with service tax lowered to 5%.
- Aviation sector earnings set to fly high in Q1 FY18: ICICI SecA strong earnings quarter was expected for the sector for three months ended December 2016.
- Economy class air travel set to become cheaper from July1With the announcement of the GST slabs which will take effect from July 1, economy class air travel will become cheaper with tax rate fixed...
- FAITH hands over GST representation to Ministry of FinanceFAITH has asked to have a GST rate of 5% closest to the current rate and if not possible then 12% for rent a cabs.
- Aviation Ministry bats for 12% GST rate on air ticketsThe rates committee on GST under the finance ministry is currently considering the proposal sent by the Aviation Ministry.
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