Taxation imbalances in Indian aviation sector need to be corrected: SpiceJet chief Ajay Singh
5 years, 7 months ago

Taxation imbalances in Indian aviation sector need to be corrected: SpiceJet chief Ajay Singh

Firstpost  

Seoul: Asserting that Indian aviation sector has terrific potential, SpiceJet chief Ajay Singh has said imbalances in regulatory and taxation structure need to be corrected for the sector, which can be a bright spot of the economy. Singh, who has helmed the turnaround of the once-ailing low-cost carrier, said big bold reforms and more out of the box thinking can be expected from the government. After being one of the fastest growing domestic aviation markets in the world, passenger traffic growth turned negative in April, mainly due to the crisis at Jet Airways. Earlier this month, global airlines’ grouping IATA’s chief Alexandre de Juniac said developing markets are expected to provide the majority of additional passenger demand.

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History of this topic

Aviation industry seeks tax sops, cut in airport charges
3 years, 11 months ago

Aviation industry seeks tax sops, cut in airport charges

Live Mint  

India’s aviation sector expects the finance minister to announce a series of measures, including tax sops, in the upcoming budget to help the industry tide over the crisis as the covid pandemic has accentuated its financial woes. The government must consider bringing aviation turbine fuel under the goods and services tax regime, besides reducing airport charges, overflight fees, and excise …

Taxation imbalances in aviation sector need to be corrected: SpiceJet chief
5 years, 7 months ago

Taxation imbalances in aviation sector need to be corrected: SpiceJet chief

Live Mint  

Seoul: Asserting that Indian aviation sector has terrific potential, SpiceJet chief Ajay Singh has said imbalances in regulatory and taxation structure need to be corrected for the sector, which can be a bright spot of the economy. After being one of the fastest growing domestic aviation markets in the world, passenger traffic growth turned negative in April, mainly due to …

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