A pivotal factor in this competition is the discrepancy in the value-added tax (VAT) on aviation turbine fuel (ATF) for domestic services. Currently, Delhi airport imposes a 25 percent VAT on ATF, while Noida airport will only have a 4 percent VAT. The significant difference in tax rates is expected to impact capacity allocation by airlines and influence expansion decisions.
Given that ATF constitutes approximately 40 percent of an airline's costs in India, this tax differential could have far-reaching implications for the competitiveness of the two airports.
One of the key developments to closely monitor is the potential allocation of exclusive terminals to major airlines, particularly Air India and IndiGo, at Delhi's Indira Gandhi International Airport, which is operated by the GMR Group. A decision on this matter is anticipated in 2024, and its long-term consequences on international traffic patterns will need careful assessment, according to the CAPA India report.
هذه القصة مأخوذة من طبعة January 05, 2024 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 05, 2024 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
CJI PERMITS VIRTUAL HEARINGS, RULES OUT FULL ONLINE SHIFT
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At 78.67 lakh, Metro records highesther dailyltidership
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BJP youth wing stages protest
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Gopal Rai seeks PM's help on pollution
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SC dismisses bail petition after adjournment sought for 4th time
The Supreme Court in the case Nilesh Dnyaneshwar Desale Versus The State Of Maharashtra observed and has dismissed the petition filed seeking bail after adjournment was sought on the fourth occasion.
RAJASTHAN HIGH COURT IMPLEADS THEN JODHPUR COLLECTOR, SDO, TEHSILDAR IN ENCROACHMENT CASE; WARNS OF JAIL SENTENCE IF ORDERS ARE NOT FOLLOWED
The Jodhpur bench of Rajasthan High Court in the case Mahesh Kumar Pal v Mr. T. Ravikanth & Ors observed and has directed the petitioner to implead the then concerned Collector, Subdivisional Officer and Tehsildar to seek their stand, warning them of punishment which includes \"jail sentence\" if they don't pay heed to court orders.
Delhi air pollution: Supreme Court advises use of masks amid *severe*, air quality In Delhi-NCR
The Supreme Court in the case has issued strict adherence to preventive health measures, which includes wearing masks, as air quality in Delhi-NCR continues to deteriorate.
SC: Labour Court's factual finding should not be disturbed by Writ Court without a compelling reason
The Supreme Court in the case Ganapati Bhikarao Naik Versus Nuclear Power Corporation Of India Limited observed that the factual findings of a Labour Court should not be normally disturbed by a Writ Court without a compelling reason.
CASTE CENSUS: BRIDGING INEQUALITY OR DIVIDING INDIA?
The concept of a caste census is not new. Historically, the idea of enumerating castes has been intertwined with India's governance and social structures.
Calcutta High Court: Govt office is public property, any political party ransacking it must be appropriately charged
The Calcutta High Court in the case Amiruddin Versus The State Of West Bengal And Ors observed and took a strong objection wherein the petition is filed highlighting the alleged ransacking of a panchayat office by workers of a certain political party.
