The Hindu Business Line : Kerala may revoke ATF tax relief

The Kerala Government is seriously considering the withdrawal of tax relief given to aviation fuel in the budget for the current year. The tax on the aviation fuel had been steeply reduced from 26 per cent to four per cent and the Finance Minister, Dr Thomas Isaac, had said in his budget speech that the Government expected the airlines to pass on the relief to the customers. Dr Isaac said here on Monday that the airlines not only did not bring down the fares as expected, but some airlines even increased the fares. In the circumstances, the Government was considering withdrawal of the relief and restore the rate to the previous level, he said. - Our Bureau

More Stories on : Taxation | Petroleum | Kerala

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
GMR signs pact on Istanbul airport terminal

Lufthansa Pune-Frankfurt biz class flights from July

HAL concludes pact with Airbus

Pre-PIB meeting for Chennai airport on May 12

EPIC member lines plan restructuring of services

Go-slow at New Mangalore port on payment issue

Kerala may revoke ATF tax relief

Hassan-Mangalore Rail targets 6 mt freight traffic this fiscal

New regional marketing MD for FedEx

MyTVS joins hands with Oriental for emergency help service