ATF accounts for nearly 35-40% of an airline’s operating costs, making fuel price volatility one of the biggest challenges for carriers. By offering a fixed-price option, the government hopes to ...
The Civil Aviation Ministry has proposed bringing ATF under GST to ease rising airline costs amid a sharp surge in fuel prices driven by geopolitical tensions. The proposal may be discussed at the ...
The government on Monday raised export duties on select petroleum products, increasing the duty on diesel to Rs14 per litre ...