Air Travel Taxes
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IndiGo Posts Highest Q4 Profit Of Rs 3,068 Crore On Strong Air Travel Demand
InterGlobe Aviation, the parent of the country's largest airline, IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand.
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Domestic Air Travel To Turn Costlier From June 1: Ministry
Flights within the country are set to become costlier as the Ministry of Civil Aviation (MoCA) has decided to raise the lower limit on domestic airfares from 13 per cent to 16 per cent, which will come into effect from June 1.
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Sweden Introduces Eco-Friendly Aviation Tax
Sweden introduced a new aviation tax on Sunday that will add an extra charge to all passenger flights from the country in a bid to lessen air travel's impact on the climate.
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PM Modi Tax Breaks Fire Up India's $704 Million Plane Care Market
Air Works, which is aiming to conduct an initial public offering in three years, is among companies that could benefit from a surge in air travel in India, an aviation market poised to become the world's third largest by 2025.
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Delhi High Court Rejects Jet Airways' Plea For Tax Refund On Carrying Sky Marshals
Jet Airways' plea for refund of Rs 2.36 crore inland air travel tax or IATT paid for carrying sky marshals on its aircraft from October 2001 to October 2003 has been rejected by the Delhi High Court, which said the airline was exempted from the tax only after October 8, 2003
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TV, AC To Cost More, Smartphones To Be Cheaper Under GST
Aerated drinks and consumer durables like televisions, air-conditioners, washing machines and refrigerators will cost more, while smartphones, small cars and daily use items will turn cheaper when the Goods and Services Tax or GST is implemented from July.
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How Much Will You Pay To Eat Out? GST Council Fixes Service Tax Rates
The Goods and Services Tax (GST) Council on Friday fixed the tax slabs that will kick in when India's biggest tax reform comes into force from 1 July in a way that will make sure that the new tax rates do not raise prices. The council has told the government to exempt healthcare and education from the new tax that will replace a bundle of central a...
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Rs 2,500 For One-Hour Flights: Government's New UDAN Aviation Scheme
To boost air travel between smaller cities, fares for one-hour flights will be capped at Rs 2,500 in the new UDAN scheme that is likely to launch in January.
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Britain to Scrap Air Travel Taxes For Children
British finance minister George Osborne said he would make it cheaper for families to travel by scrapping an air travel tax charged for children, prompting airlines to call on him to go further and also abolish the levy in its entirety.
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IndiGo Posts Highest Q4 Profit Of Rs 3,068 Crore On Strong Air Travel Demand
InterGlobe Aviation, the parent of the country's largest airline, IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand.
-
Domestic Air Travel To Turn Costlier From June 1: Ministry
Flights within the country are set to become costlier as the Ministry of Civil Aviation (MoCA) has decided to raise the lower limit on domestic airfares from 13 per cent to 16 per cent, which will come into effect from June 1.
-
Sweden Introduces Eco-Friendly Aviation Tax
Sweden introduced a new aviation tax on Sunday that will add an extra charge to all passenger flights from the country in a bid to lessen air travel's impact on the climate.
-
PM Modi Tax Breaks Fire Up India's $704 Million Plane Care Market
Air Works, which is aiming to conduct an initial public offering in three years, is among companies that could benefit from a surge in air travel in India, an aviation market poised to become the world's third largest by 2025.
-
Delhi High Court Rejects Jet Airways' Plea For Tax Refund On Carrying Sky Marshals
Jet Airways' plea for refund of Rs 2.36 crore inland air travel tax or IATT paid for carrying sky marshals on its aircraft from October 2001 to October 2003 has been rejected by the Delhi High Court, which said the airline was exempted from the tax only after October 8, 2003
-
TV, AC To Cost More, Smartphones To Be Cheaper Under GST
Aerated drinks and consumer durables like televisions, air-conditioners, washing machines and refrigerators will cost more, while smartphones, small cars and daily use items will turn cheaper when the Goods and Services Tax or GST is implemented from July.
-
How Much Will You Pay To Eat Out? GST Council Fixes Service Tax Rates
The Goods and Services Tax (GST) Council on Friday fixed the tax slabs that will kick in when India's biggest tax reform comes into force from 1 July in a way that will make sure that the new tax rates do not raise prices. The council has told the government to exempt healthcare and education from the new tax that will replace a bundle of central a...
-
Rs 2,500 For One-Hour Flights: Government's New UDAN Aviation Scheme
To boost air travel between smaller cities, fares for one-hour flights will be capped at Rs 2,500 in the new UDAN scheme that is likely to launch in January.
-
Britain to Scrap Air Travel Taxes For Children
British finance minister George Osborne said he would make it cheaper for families to travel by scrapping an air travel tax charged for children, prompting airlines to call on him to go further and also abolish the levy in its entirety.
