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Daily Archives: February 28, 2011

India budget raises air travel costs. Maximum impact on Air India, Jet, and Kingfisher

The Indian budget for 2011-12 has raised the cost of air travel by imposition or raising of service tax. Earlier this morning, the Indian Finance Minister, Mr. Mukherjee, announced that the service tax on air travel by economy class would be raised by Rs. 50 for domestic trips and by Rs. 250 on international. Domestic business and first class passengers …

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