A PwC report suggests reforms for the Goods and Services Tax. These changes aim to align with global trade and attract investments. The rep...

In 2024, the Indian aviation sector witnessed remarkable growth and reforms, with increased domestic passenger traffic, policy overhauls, a...

Ad hoc increase in duties is a problem plaguing the sector. While customs, cess and excise duty hikes are levied by the central government,...

A tax panel will decide July 21 whether to approve the proposal to levy a 28 percent tax on aviation fuel.

Ajay Singh said his airline was "fully prepared" to usher in the indirect tax regime from July 1, and that airlines were working along with...

The Minister of State for Civil Aviation said that multiple rates were needed under the GST in efforts to ensure price stability and revenu...

Government 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...

20 aircraft condition to stay; now every carrier will have to maintain 20% of total capacity in domestic sector all the time.

The introduction of Goods and Services Tax (GST) is an important reform which will lead India into next rapid phase of economic growth.

Industry 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 first sweeping policy reforms, particularly regarding jet fuel taxes and free ticket pricing, before allowing FDI into the ...

The optimism is strengthened by the assessment that Pranab Mukherjee’s elevation to Rashtrapati Bhavan may result in a relook at controvers...

Aviation ministry has proposed scrapping service tax on air tickets. It is not a sensible idea but moderating them when possible is entirel...

The point is that without purposeful reform, and a functional market for corporate control, mere palliatives like increased ECBs would be g...

It is welcome that a group of ministers has okayed direct imports by airlines of ATF, which is about 50% dearer here than regionally.

Finance ministry advisors have called for reforms in the tax structure for services like shipping, aviation and telecom to make them compet...

We need to rationalise tax on aviation turbine fuel (ATF).