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Wednesday, 18 June 2014

Private Airport Operators Demand Tax Benefits in Budget

Mumbai: Association of Private Airport Operators has demanded infrastructure status for airport support services and sought various tax benefits in the first Union Budget of the Narendra Modi government.
The private airport lobby group has also supported the airlines' demand of including Aviation Turbine Fuel (ATF) in 'Declared Goods' category to bring about a uniform tax across the country.
In a memorandum to Finance Minister Arun Jaitley, APAO has suggested that private airport operators should be allowed to issue tax free bonds for creation of aviation infrastructure as was allowed in Railways, power, housing and highways development.

Read news in full 15/06/14 Outlook
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