TRENDING NEWS
  • UN Tourism Members advance agenda for Europe as region leads global recovery
  • Sustainable tourism market to grow at 14% CAGR by 2032
  • UN Tourism launches investment guidelines for Albania
  • 'UAE, Egypt, Vietnam popular among Indian solo travellers'
  • Oman Air mulls single aircraft-type operating model
  • Etihad Airways adds Al Qassim to its route network

India cuts windfall taxes on ATF

India has slashed windfall taxes on locally produced crude oil, and for exported diesel and aviation turbine fuel, in line with the decline in international prices.

The government also removed a 5-rupee-per-liter levy on the export of aviation fuel.

Indian Oil Corp., the nation’s largest fuel retailer, has lowered prices for aviation fuel by about 4.5% to INR 115,520.27 every kiloliter in Delhi from October 1 to pass on the benefit to consumers.

 

Read Previous

Azal plans direct flights between Mumbai-Baku from November

Read Next

Govt to modernise 200 railway stations

Download Magazine