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TAXATION ISSUES AVIATION
Noida International Airport may lose fare edge over IGI despite UP’s fuel tax relief. Why?Flyers may not find cheaper flights from the new Noida International Airport as higher airport tariffs and passenger charges offset Uttar P...- 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...
- 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...
- Indian aviation mkt has significant opportunities but taxation always an issue: IATA chiefThe International Air Transport Association (IATA) is a global grouping that represents around 300 airlines, including those from India, an...
- Dhiraj Mathur on what ails IndiGo and the aviation sector“This is a transition phase as the airline industry moves from pre-pandemic level to a post pandemic level now and as these additional airl...
- 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.
- Higher airport charges, taxes shackle industry: Naresh Goyal“For aviation to truly realise its potential, several areas must be addressed. Escalating airport levies, surcharges and high taxation cont...
- IndiGo, Vistara and AirAsia India fail to use imported aircraft as confusion lingers on GST lease rulesThe customs and excise department has sought a 5% levy on the total cost of the aircraft and another 5% GST on lease rentals. The airlines ...
- 5/20 rule set to be tweaked: MoS for Civil Aviation Mahesh Sharma"(We) have sent the revised 5/20 rule for consultation... it should be back in 10-15 days and then can be taken up by the cabinet anytime,"...
- Abolition of sales tax on ATF can stimulate air travel by 9%, says reportThe report, prepared by CAPA , says that abolition of sales tax on Jet fuel will reduce ATF cost by 20% and reduce operating cost by 7%.
- Aviation ministry to discuss industry challenges at meeting with aircraft operatorsBAOA has mandated Martin Consulting to conduct a study of the business and general aviation segments, while bringing out a list of recommen...
- Business Aircraft Operators Association terms budget disappointing for aviation sectorThe sector has largely been ignored by the Jaitley in his budget, presented in the Parliament yesterday, with most of the industry's demand...
- After SpiceJet, government mulls relief package for airlinesThe proposals also include asking banks to cap interest on borrowings by airlines at eight per cent and reschedule payment of dues to oil c...
- Indian MRO industry faces significant challenges: AmchamAmcham India is expected to lead some big US majors in the aviation sector to India Aviation-2014 which would begin here from tomorrow.
- Mere policies can't get aviation out of airpockets: SurveyWhile 59% respondents recognise government's recent efforts as positive measures, at the same time they feel that implementation of these p...
- Formation of Civil Aviation Authority crucial: SurveyLiberalised FDI norms have the potential to put the aviation sector on the growth track but taxation issues are major impediments for the i...
- Budget 2013 disappoints aviation, hospitality industry expertsAmber Dubey, Head-Aviation at KPMG in India, said "It has been a disappointing budget for aviation.
- India must relook at tax structure to help aviation: Dr Kiran Rao, Vice-President, Sales and Marketing, AirbusIt is the high tax structure in India that does not allow airlines to keep costs low and that has very much to do with the way the governme...
- MDLR not to join airlines' strike on August 18MDLR Airlines became the third private carrier, after IndiGo and Paramount, which will not join other airlines in suspending flights. Video...
- Deora to meet Patel, oil cos, airlines tomorrowConcerned over the default in payment of fuel bills by the airlines, Petroleum Minister Murli Deora has called a meeting tomorrow with Civi...
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