India: Slash taxes if you want aviation to grow: IATA to govt
If India wants its aviation sector to grow, it should lower the entire burden of taxes and charges on it, IATA has said. “We have always said to the (Indian) govt to please lower the taxes if you want aviation sector to develop and bring much more prosperity and much more additional taxes at the end of the day, than you will lose by a lower rate of tax on aviation,” IATA DG and CE Alexandre de Juniac said. When told that the govt has fixed the GST rate on air tickets at 5 and 12% for domestic and international travel, respectively, de Juniac said he was talking about the entire financial burden on the airline industry. The financial burden includes the total costs on aviation fuel and an array of charges on airports, navigation, landing and parking, he added. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-12/general/india-slash-taxes-if-you-want-aviation-to-grow-iata-to-govt
https://portal.staralliance.com/cms/logo.png
India: Slash taxes if you want aviation to grow: IATA to govt
If India wants its aviation sector to grow, it should lower the entire burden of taxes and charges on it, IATA has said. “We have always said to the (Indian) govt to please lower the taxes if you want aviation sector to develop and bring much more prosperity and much more additional taxes at the end of the day, than you will lose by a lower rate of tax on aviation,” IATA DG and CE Alexandre de Juniac said. When told that the govt has fixed the GST rate on air tickets at 5 and 12% for domestic and international travel, respectively, de Juniac said he was talking about the entire financial burden on the airline industry. The financial burden includes the total costs on aviation fuel and an array of charges on airports, navigation, landing and parking, he added. <br/>
