1. Air India thanks Tamil Nadu CM Vijay for cutting aviation fuel VAT at Chennai

Air India thanks Tamil Nadu CM Vijay for cutting aviation fuel VAT at Chennai

India

  • Air India thanked Tamil Nadu CM Vijay for cutting VAT on aviation fuel from 29% to 16% at Chennai Airport.
  • The state announced the cut on Friday, 23 October, with a 1% rate at other airports, including Coimbatore and Madurai.
  • The new rates take effect on 1 November and stay until 31 October 2027.
  • Air India said the cut will lower operating costs and improve air connectivity in the state.

Source: ndtvprofit.com

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