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TAX REFORM AVIATION
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...- From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
- Budget 2026: Jets, tanks and drones want tax turbulence out of the wayWith Budget 2026 on the horizon, the aerospace and defence industry in India is hopeful for meaningful changes that include elevated financ...
- GST reforms must align with global trade: PwCA PwC report suggests reforms for the Goods and Services Tax. These changes aim to align with global trade and attract investments. The rep...
- What Budget 2025 can do to smoothen the runway for India's aviation sectorIn 2024, the Indian aviation sector witnessed remarkable growth and reforms, with increased domestic passenger traffic, policy overhauls, a...
- The downside of saving consumers from oil price hikesAd hoc increase in duties is a problem plaguing the sector. While customs, cess and excise duty hikes are levied by the central government,...
- India mulls bringing jet fuel, natural gas under GSTA tax panel will decide July 21 whether to approve the proposal to levy a 28 percent tax on aviation fuel.
- Aviation sector to face teething problems due to GST: SpiceJet CMD Ajay SinghAjay Singh said his airline was "fully prepared" to usher in the indirect tax regime from July 1, and that airlines were working along with...
- One crore traders, businessmen to come under GST ambit: Jayant SinhaThe Minister of State for Civil Aviation said that multiple rates were needed under the GST in efforts to ensure price stability and revenu...
- Government working overtime on GST: Cabinet Secretary P K SinhaGovernment wants to implement the tax reform from April 1 next year so as to ensure a smooth rollover to the changed tax structure from the...
- 5-year rule for airlines to fly abroad may go20 aircraft condition to stay; now every carrier will have to maintain 20% of total capacity in domestic sector all the time.
- GST to push India's economic growth rapidly: Vijay KelkarThe introduction of Goods and Services Tax (GST) is an important reform which will lead India into next rapid phase of economic growth.
- Make in India: Aviation sector pitches to exploit the potential of aircraft MRO businessIndustry executives say that high taxes and royalty charged by airports make the levies in India up to 50% higher than the global average.
- Aviation sector needs tax reforms, not mere FDI: ReportAviation sector first sweeping policy reforms, particularly regarding jet fuel taxes and free ticket pricing, before allowing FDI into the ...
- Experts see hope for stalled reforms including FDI in retailThe optimism is strengthened by the assessment that Pranab Mukherjee’s elevation to Rashtrapati Bhavan may result in a relook at controvers...
- Aviation sector needs sound regulation and competition, not freedom from taxesAviation ministry has proposed scrapping service tax on air tickets. It is not a sensible idea but moderating them when possible is entirel...
- Budget 2012: External borrowing without internal reform compounds and generalises risksThe point is that without purposeful reform, and a functional market for corporate control, mere palliatives like increased ECBs would be g...
- Jet fuel import by airlines calls for open access policy for petro logisticsIt is welcome that a group of ministers has okayed direct imports by airlines of ATF, which is about 50% dearer here than regionally.
- Reforms in tax structure mootedFinance ministry advisors have called for reforms in the tax structure for services like shipping, aviation and telecom to make them compet...
- Air turbulenceWe need to rationalise tax on aviation turbine fuel (ATF).
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