August 31, 2026

The economic challenges facing the next prime minister

The economic challenges facing the next prime minister

Though the person in charge of the country will change, the fiscal issues remain the same.

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Airlines seek GST on ATF at 5% with full tax credit to help cut costs

Airlines seek GST on ATF at 5% with full tax credit to help cut costs

India’s leading domestic airlines have urged the Centre to bring Aviation Turbine Fuel (ATF) under the Goods and Services Tax (GST) regime at a rate of 5 per cent with full Input Tax Credit (ITC), arguing that the move would significantly reduce operating costs, improve airline liquidity and make air travel more affordable.