What is the story about?
The cost of flying is about to get a bump. Taxes on non-economy air travel in India have increased, potentially affecting your next trip. Let's dive in!
Tax Hike Unveiled
On September 3rd, a change was announced that would impact the cost of flying. The tax rate on non-economy air travel has dramatically increased. This shift has sparked industry concerns and is bound to affect how we plan our journeys. It's a case of 'mehengaai' in the skies!
GST's Growing Impact
The Goods and Services Tax (GST) has played a significant role in this. The tax on non-economy air travel has skyrocketed from 8.6% in 2017, under the service tax regime, to a new 18% GST rate. This means travelers will have to shell out more to fly in comfort. Ouch!
Industry's Worries
The airline industry isn't thrilled about this development. With costs already fluctuating, the increased tax burden adds another layer of complexity. It's a tough time for airlines, particularly for business and first-class flyers. This is a blow for both the airlines and the people who prefer to travel in comfort and style.
Do you find this article useful?
