Why Airlines Seek Tax Cut, Pricing Change Amid Crisis

Explained 21 min ago This is an AI assisted summary. Indian airlines have sent an SOS to the government, urging changes in the pricing formula for jet fuel, which has increased due to the West Asia crisis. The airlines are also facing challenges due to airspace restrictions and the depreciation of the rupee. They are seeking a reversal of the pricing formula, a suspension of excise duty and reduction in VAT to ensure viability and competitiveness. Swipe up for next shorts 2 / 50 Why India should brace for more heatwave spells in the coming months Explained 47 min ago…