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Centre Requests Tamil Nadu To Reduce Tax On Aviation Turbine Fuel
The Centre has requested the Tamil Nadu government to reduce the value added tax charged on aviation turbine fuel in line with the other states and to boost air connectivity, Union Minister of Civil Aviation Jyotiraditya M Scindia said on Saturday.
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Budget 2022: Travel Agents Body Seeks "One India One Tourism" Way
Besides, the association has sought bringing aviation turbine fuel under the ambit of GST to make air travel "more viable" for all stakeholders
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Tripura Reduces Tax On Aviation Fuel
Tripura Cabinet has decided to reduce share of Value-Added Tax (VAT) levied on Aviation Turbine Fuel from 16 per cent to 1 per cent expecting better air traffic at Maharaja Bir Bikram Airport Agartala soon after it gets international airport status.
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A Plane That Runs On Fuel Made by 500 Families, A First In India
India's first biofuel-powered flight that aims to reduce costs of air travel by replacing the costly aviation turbine fuel was successfully tested today. A 72-seater SpiceJet aircraft, powered by biofuel, took off from Dehradun for Delhi this morning.
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Civil Aviation Ministry To Call For Jet Fuel To Be Brought Under GST Ambit
This proposal will be made to contain the rise in jet fuel cost due to high global crude oil prices, Civil Aviation Secretary Rajiv Nayan Choubey.
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With Jet Fuel Price Hiked, Airlines Seen Raising Ticket Prices
With the government affecting a steep hike of over nine per cent in aviation turbine fuel (ATF) prices, airlines may increase ticket prices.
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Air India Plans Hedging Fuel Costs Up To 25 Per Cent
As it looks to turnaround, Air India plans to hike the limit for hedging fuel costs to 25 per cent amid oil prices hovering at low levels.
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Draft Aviation Policy Fails to Address Structural Woes: India Ratings
The draft civil aviation policy seeks to provide a significant impetus for regional connectivity but fails to address structural issues, including taxation of air turbine fuel, India Ratings said in a report on Monday.
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Parliamentary Panel Seeks Regulation of Airfares
Observing that currently there is no transparent mechanism to regulate airfares, the panel said even the benefit of reduction in the price of ATF (Aviation Turbine Fuel) is not passed on to passengers.
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Aviation Minister Asks States to Reduce Jet Fuel Tax
Civil Aviation Minister Ashok Gajapathi Raju on Tuesday said he has asked states to cut jet fuel tax, which the country's struggling airlines say makes it difficult for them to stay profitable.
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Airfare may go up as jet fuel prices hiked by over 2.7 per cent
The price of aviation turbine fuel (ATF) or jet fuel was on Wednesday hiked by over 2.7 per cent - the second increase in rates in one month.
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Air fares take-off: passenger holiday plans hit
Sky rocketing air fares have hit Diwali holiday plans of many. Blaming high jet fuel prices and a devaluation of the rupee, airlines across the board have hiked domestic air fares by almost 30 per cent.
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Now, Air India hikes fares by up to 25 per cent
Air India hiked passenger fares by up to 25 percent on all domestic routes today following a sharp increase in the price of air turbine fuel (ATF). It may also raise fares on international routes.
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Economic Survey 2013: Rationalise taxes, introduce fair pricing regime on air turbine fuel
The tax regime on air turbine fuel (ATF) needs to be rationalised as the viability of airline operations in the country has come under pressure due to rising ATF costs and weak rupee, the Economic Survey said on Wednesday.
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Kingfisher Airlines shutdown will cause a lot of collateral damage: Ajit Singh
The factors with the biggest weightage in air fares are aviation turbine fuel (ATF) and the airport charges. ATF alone constitutes 40 per cent of the running cost of the airlines.
-
Centre Requests Tamil Nadu To Reduce Tax On Aviation Turbine Fuel
The Centre has requested the Tamil Nadu government to reduce the value added tax charged on aviation turbine fuel in line with the other states and to boost air connectivity, Union Minister of Civil Aviation Jyotiraditya M Scindia said on Saturday.
-
Budget 2022: Travel Agents Body Seeks "One India One Tourism" Way
Besides, the association has sought bringing aviation turbine fuel under the ambit of GST to make air travel "more viable" for all stakeholders
-
Tripura Reduces Tax On Aviation Fuel
Tripura Cabinet has decided to reduce share of Value-Added Tax (VAT) levied on Aviation Turbine Fuel from 16 per cent to 1 per cent expecting better air traffic at Maharaja Bir Bikram Airport Agartala soon after it gets international airport status.
-
A Plane That Runs On Fuel Made by 500 Families, A First In India
India's first biofuel-powered flight that aims to reduce costs of air travel by replacing the costly aviation turbine fuel was successfully tested today. A 72-seater SpiceJet aircraft, powered by biofuel, took off from Dehradun for Delhi this morning.
-
Civil Aviation Ministry To Call For Jet Fuel To Be Brought Under GST Ambit
This proposal will be made to contain the rise in jet fuel cost due to high global crude oil prices, Civil Aviation Secretary Rajiv Nayan Choubey.
-
With Jet Fuel Price Hiked, Airlines Seen Raising Ticket Prices
With the government affecting a steep hike of over nine per cent in aviation turbine fuel (ATF) prices, airlines may increase ticket prices.
-
Air India Plans Hedging Fuel Costs Up To 25 Per Cent
As it looks to turnaround, Air India plans to hike the limit for hedging fuel costs to 25 per cent amid oil prices hovering at low levels.
-
Draft Aviation Policy Fails to Address Structural Woes: India Ratings
The draft civil aviation policy seeks to provide a significant impetus for regional connectivity but fails to address structural issues, including taxation of air turbine fuel, India Ratings said in a report on Monday.
-
Parliamentary Panel Seeks Regulation of Airfares
Observing that currently there is no transparent mechanism to regulate airfares, the panel said even the benefit of reduction in the price of ATF (Aviation Turbine Fuel) is not passed on to passengers.
-
Aviation Minister Asks States to Reduce Jet Fuel Tax
Civil Aviation Minister Ashok Gajapathi Raju on Tuesday said he has asked states to cut jet fuel tax, which the country's struggling airlines say makes it difficult for them to stay profitable.
-
Airfare may go up as jet fuel prices hiked by over 2.7 per cent
The price of aviation turbine fuel (ATF) or jet fuel was on Wednesday hiked by over 2.7 per cent - the second increase in rates in one month.
-
Air fares take-off: passenger holiday plans hit
Sky rocketing air fares have hit Diwali holiday plans of many. Blaming high jet fuel prices and a devaluation of the rupee, airlines across the board have hiked domestic air fares by almost 30 per cent.
-
Now, Air India hikes fares by up to 25 per cent
Air India hiked passenger fares by up to 25 percent on all domestic routes today following a sharp increase in the price of air turbine fuel (ATF). It may also raise fares on international routes.
-
Economic Survey 2013: Rationalise taxes, introduce fair pricing regime on air turbine fuel
The tax regime on air turbine fuel (ATF) needs to be rationalised as the viability of airline operations in the country has come under pressure due to rising ATF costs and weak rupee, the Economic Survey said on Wednesday.
-
Kingfisher Airlines shutdown will cause a lot of collateral damage: Ajit Singh
The factors with the biggest weightage in air fares are aviation turbine fuel (ATF) and the airport charges. ATF alone constitutes 40 per cent of the running cost of the airlines.
