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Addressing concerns on airfare pricing during Question Hour in Parliament today, I highlighted the significant impact of ATF VAT on ticket costs. With ATF making up 45% of airfare, high state VAT rates are a key factor in rising fares. I urged state governments to reduce VAT on ATF...

15,259 次观看 • 1 年前 •via X (Twitter)

11 条评论

noshith.mallampati 的头像
noshith.mallampati1 年前

Sir in the last year you have mentioned that there will be a direct flight from Vijayawada to Pune on October 26th 2024 itself. But upto now we are not having that facility. So many people are waiting for this. Please do the needful on this.

Vance Ginn 的头像
Vance Ginn1 年前

Dive into the critical issues shaping economic policy, from President-elect Trump’s sweeping tariff proposals to the challenges Texas faces under rising government spending. Now is the time for bold reforms to protect taxpayers and ensure economic freedom thrives.

Bilaspur - #1BT #Coal 🚊⚡️🔌 GDP 的头像
Bilaspur - #1BT #Coal 🚊⚡️🔌 GDP1 年前

Coal miners pay 💰 more taxes than Airline workers

Amit Satya 的头像
Amit Satya1 年前

Thanks. Compare the Airfare in india and other developed countries like Vietnam, Thailand etc…. Domestic travel is more expensive compared to international destinations..

Vijay Dindigal 的头像
Vijay Dindigal1 年前

Bhogapuram airport మాటేమిటి

Alpha Victory India 🇮🇳 的头像
Alpha Victory India 🇮🇳1 年前

Crude oil is getting cheaper so is ATF .. but airline will be supported fully by GoI in their scheme of things

చేరెడ్డి నరేంద్ర 的头像
చేరెడ్డి నరేంద్ర1 年前

తిరుమల శ్రీవారి గుడి మీద విమానాలు ఎగురుతున్నాయి. ఆ ఏరియా ని నో ఫ్లై జోన్ గా ప్రకటించండి

Dhirish Momaya 的头像
Dhirish Momaya1 年前

State govts will never do U must do it New routes needed Blore to bhuj Hope soon

Kali 的头像
Kali1 年前

Can someone explain why are we talking about VAT when we have GST in place for everything in this country ?

venkatesan ananth 的头像
venkatesan ananth1 年前

As a prudent tax planning AP can lead in cutting down tax rate for ATF VAT that can be compensated with more volumes nd flights so that on due course others can emulate.

Dhanabalan P 的头像
Dhanabalan P1 年前

excuses and do not care attitude towards commoners- pathetic 😟

相关视频

Musings on Kenya's changes in pump prices & the VAT adjustment: This is a drastic u-turn by the National Treasury on how to cushion from a VAT perspective. · Just a fortnight ago, the idea was to switch VAT from being ad valorem to specific. The idea was that VAT on petroleum products will then switch from being pegged on the value of the product & be imposed based on the quantity of product. The idea here was to decouple tax from the rising cost/value (see clip from CS MBadi before the National Assembly). · Today, in a drastic U-turn the government has decided to adjust the rate from 16.0% to 13.0%. So we keep the rate as ad valorem, & offer a marginal decline on the standard rate What triggered this U-turn? · I suspect Supplementary Appropriations I 2025/26 & the Kes 1.3 trillion deficit (6.8% of GDP). The whole of the National Treasury's senior leadership is in Washington DC for talks with the IMF The rate · Sec6(1) of the VAT Act empowers the CS to reduce by up to 25.0%. So the CS had a window to reduce up to 12.0% (similar to COVID19 relief measures). Why 13.0%? Why deny the consumer that 100.0 bps? Operational Realities · Since the VAT rate for petroleum products is changing mid-month, the April 2026 VAT return will be chaotic for OMCs. · OMCs have to now effect changes to their ERPs effective midnight tonight to be sure that they align with the change in VAT rate for pricing. It will be interesting to watch · Suppose an OMC deals in both fuel & lubricants, as many do anyway. The lubricants are still at 16.0%, your fuel is on the new rate at 13.0%. That ERP system needs to be adjusted to capture both rates. It will be interesting to watch

Julians Amboko

48,239 次观看 • 4 个月前