21
Thursday
February 2019
11:46 AM IST
News Headlines
Saudi Arabia increases India''s Haj quota to 2 lakh after Modi-Salman talks        SC collegium transfers high court judges        Security of 18 separatists, 155 political leaders withdrawn        Crown Prince orders release of 850 Indian prisoners from Saudi jails        Putin says Russia to take measures if US deploys missiles        Jadhav''s death sentence based on ''extracted confession'', should be annulled: India tells ICJ        Israel strikes on Gaza arson balloons launchers, no injuries reported        Taylor surpasses Fleming becomes highest ODI scorer for NZ        ICC keeping a close watch on India-Pakistan situation ahead of WC        Vivo unveils V15Pro with Industry-first 32 MP pop-up selfie camera        Tripura gets Rs 85 crore Mega Food Park        India, Saudi Arabia ink MoUs for cooperation in tourism, broadcasting        Bernie Sanders enters 2020 US presidential race : Reports        Sixteen states sue Trump over border wall emergency        Djokovic wins his fourth Laureus World Sportsman of the Year        Pakistan shooters not taking part in New Delhi World Cup        Pulwama attack masterminded by Jaish, ISI: corps commander        Cricketer-turned-politician Kirti Azad joins Congress, calls it ''ghar wapsi''        Salve exposes Pak military courts at ICJ, says judges don''t even need law degree        RBI pays Rs 28,000 cr interim dividend to govt ahead of elections        
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Business News
Kerala to slash tax on aviation fuel to 5pc for domestic airlines: Minister
 
Thiruvananthapuram, Feb 6 (PTI) The Kerala government will slash the tax on aviation fuel to 5 per cent from the current 28.75 per cent for domestic airlines, state Finance Minister T M Thomas Isaac said Wednesday.

Isaac made the significant announcement in the assembly during the discussion on the state budget for 2019-20.

"The tax on ATF will be reduced to 5 per cent from the existing 28.75 per cent for domestic airlines operating service from the state airports. A revenue loss of Rs 100 crore is expected through this," he said.

Aviation fuel accounts for a major portion of operating cost for airlines.

Not only airports under the UDAN (regional connectivity scheme), but non-UDAN airports would also get the new tax breather, Isaac said.

The tax cut is expected to benefit three international airports- Thiruvananthapuram, Kochi and Karipur in the state as the LDF government had already decided to levy only 1 per cent fuel tax from airlines operating service from the newly commissioned Kannur airport.

The announcement comes a day after the Congress-led UDF opposition had staged a walkout in the state assembly alleging bias in the tax cut on aviation fuel announced for Kannur airport and urged them to extend the relief to three other airports in the state.

Chief Minister Pinarayi Vijayan had defended the decision to levy only 1 per cent tax on ATF for airlines operating from the Kannur airport, saying it was given as a support to the newly commissioned airport.

However, he had evaded the repeated question of the UDF on why the government had not implemented the decision of its own cabinet in 2017 to reduce the fuel tax to 5 per cent for airlines operating service from all airports in the state.


Vivo unveils V15Pro with Industry-first 32 MP pop-up selfie camera
Tripura gets Rs 85 crore Mega Food Park
India, Saudi Arabia ink MoUs for cooperation in tourism, broadcasting
RBI pays Rs 28,000 cr interim dividend to govt ahead of elections
Pak has no official info about India withdrawing MFN status: top trade official
Dollar changes hands in mid-110 yen range in early trade in Tokyo
Pulwama attack: Trade body announces bandh in 18 states on Feb 18
Indian Bank revises interest rate on domestic term deposits
Asia''s largest textile expo from Feb 22
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HPCL to set up LPG bottling plant in Odisha
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IndiGo cancels around 130 flights for Friday
Tata Trusts Managing Trustee R Venkataramanan quits
IndiGo cancels 49 flights on Wednesday
Sensex, Nifty turn cautious ahead of IIP, inflation data releases
Gold futures on weak global cues, profit-booking
Tata Motors to supply electric buses to Lucknow City Transport Services
Govt aims to fetch Rs 5,316 cr through part-sale of Axis Bank stake
KERALA NEWS
Fire breaks out in a QRS showroom
 Kottayam: A major fire broke out in QRS showroom at Thirunnakkara in Kottayam on Monday evening. On  
Flash Hartal in Kerala: Stray incidents of violence reported
Thousands bid emotional farewell to CRPF jawan in Kerala
Religious practices should be respected: Smriti Irani
INTERNATIONAL NEWS
Putin says Russia to take measures if US deploys missiles
 Moscow: Russia does not intend to be the first to place missiles in Europe but will develop its defe
Jadhav''s death sentence based on ''extracted confession'', should be annulled: India tells ICJ
Israel strikes on Gaza arson balloons launchers, no injuries reported
Bernie Sanders enters 2020 US presidential race : Reports
NATIONAL NEWS
Saudi Arabia increases India''s Haj quota to 2 lakh after Modi-Salman talks
 New Delhi: Saudi Arabia on Wednesday increased India''s Haj quota by about 25,000, the third hike in
SC collegium transfers high court judges
Security of 18 separatists, 155 political leaders withdrawn
Cricketer-turned-politician Kirti Azad joins Congress, calls it ''ghar wapsi''
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