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Civil Aviation Minister Jyotiraditya Scindia

Highlights Haryana has slashed the value-added tax (VAT) on aviation turbine fuel to 1 percent. Civil Aviation Minister Scindia thanked Haryana CM for prompt action on reducing VAT on jet fuel. Scindia has been requesting VAT reduction, which accounts for major operational costs of an airline.

Haryana has slashed the value-added tax (VAT) on aviation turbine fuel to 1 percent on Sunday. Responding to the move, Civil Aviation Minister Jyotiraditya Scindia lauded state Chief Minister Manohar Lal Khattar for setting an example for other states to follow.  

In a series of tweets, Civil Aviation Minister Jyotiraditya Scindia on Sunday expressed his gratitude to Haryana Chief Minister Manohar Lal Khattar for the prompt action on reducing the VAT on jet fuel to 1 percent and said the move will also set an example for other states to follow. Scindia also noted that the decision will boost air connectivity and economic development in Haryana.

"With this, Haryana becomes the 8th State/UT to slash the tax rate after Andaman & Nicobar Islands, J&K, Ladakh, Himachal Pradesh, Uttarakhand, MP & Tripura," he said.

Scindia has been requesting states to reduce taxes on jet fuel, which accounts for a major chunk of the operational costs of an airline.

On November 18, the minister had said that seven states and Union Territories have slashed their VAT on ATF and that he was expecting more states to follow suit. With the current tax structure on ATF, "you cannot have a robust civil aviation sector. I am very clear on that," he had said.

 

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The management of Karmatex consists of Subodh Wadhwani, Arti Havaldar and Manoj Jain as business management graduates with several years of experience in the fabric and garment trade. Currently, this leading export house exports knitted and woven garments for men, women and kids under its various sub-brands, including Scram Kidswear for children’;s clothing.

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An alumni of the Wharton Business School UPENN, Sanjeev has handled core teams of large retail units as a cross-functional expert. Moreover, he has worked at leadership levels with retail giants like Raymond, Landmark group, Aditya Birla Retail and Jubilant Retail across strategy, operations and P&L management.

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The store launch was attended by boxing world champion MC Mary Kom, Tokyo bronze medallist in hockey Rupinder Pal Singh, Indian cricketer Washington Sundar and singer Harrdy Sandhu.

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Purvi Rohit Pugalia, founder of the Soch Group states, “The body type issue has been around for a long time. Before we could define the Indian body type for our brand, we undertook a study with multiple participants and realised that the western fashion fit was solely reserved for international sizes. We wanted to create something that would tick all the boxes when it comes to western business fashion for the savvy and bold Indian woman”.

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