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GOVERNMENT ATF SCHEME
ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...
Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 croreThe Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in bu...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
Uttar Pradesh targets 35% cut in NCR pollution, rolls out tougher vehicle curbsUttar Pradesh aims to cut air pollution in the NCR by 30-35% by 2026. A 'No PUCC, No Fuel' policy will enforce pollution under control cert...
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...
PM Modi calls for pandemic-era austerity drivePrime Minister Narendra Modi urged Indians to embrace austerity measures, similar to the Covid-19 pandemic, to counter disruptions in fuel ...
ECLGS 5.0 to benefit 1.1 crore MSME accounts with additional credit support: SBI ReportThe government has approved ECLGS 5.0 to support MSMEs and airlines. This scheme aims to provide crucial working capital. Around 1.1 crore ...
India allows ethanol blending in aviation fuelIndia has allowed blending ethanol and synthetic hydrocarbons into aviation fuel. This move aims to cut emissions and reduce oil imports. W...
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...
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...
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.
Budget 2016: FM Arun Jaitley proposes hike in excise duty on jet fuelThe increase in duty--14% from 8%--will not be however valid for fuel supplied at regional airports at smaller cities.
Goa govt to offer incentives to airlines to fight rising airfaresThe rising airfare has become a major concern for the tourism industry which fears that it may contribute to the slump in arrivals.
- Tax related sops on ATF affects earnings to tune of Rs 240 crore
Govt said that provisions for certain tax-related sops on ATF had affected the state's tax earnings to the tune of around Rs 240 cr per yea...