Draft Aviation Policy wants Middle-class to Fly More

Draft Aviation Policy wants Middle-class to Fly More

cheap flights

On October 30, 2015, the Government of India unveiled the much-awaited draft civil aviation policy, offering a bouquet of measures to make air travel more affordable to the masses. The key propositions include a capped price system to boost regional connectivity and service tax waiver for maintenance, repair and overhaul (MRO) companies. On the flipside, it lacks clarity on the governments position on the 5/20 rule. The policy also does not dwell on the long-pending structural issue of high sales tax on aviation turbine fuel (ATF), which diminishes the attractiveness of the sector. The government has sought feedback from various stakeholders before the final policy is released.Read More>>

 

ABOUT AUTHOR

Niveza Editorial Desk : We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.

LEAVE A COMMENT

RECOMMENDED READING

Political Uncertainty & Crude Oil Prices Play The Show Spoiler

Our Analysis This week market witnessed selling pressure from 10,900 levels as investors took this opportuni
Read More>>

Technical Analysis: Much More Than Just A Trading Tool

Trading is exhausting. You have to enter a position and have to stay glued to your screen till your target is reached. If the stock/index is moving against you, you have to employ your hedging strategies. While walking this tightrope many traders
Read More>>

Mid Cap, Small Cap & Large Cap: The Right Cap For Uncapped Growth

Midcap, Smallcap & large Cap, you must have read these words on the financial portals or even while sifting through your newspaper. What do they mean? What is a cap? You would not care to learn more about these terms if you are not interested in f
Read More>>

FMCG & Auto Stocks Shine In A Range-Bound Market; Nifty At 10,800

Our Analysis This week, benchmark indices traded rangebound as Nifty traded in a range of 10,600 to 10,780 levels due to uncertainty on global cues & Karnataka state election result. On
Read More>>

Here’s A TIP (Term Insurance Plan) – Insurance Is Not An Investment

Why do we buy life insurance? There are no easy answers to this question. People buy insurance to counter the uncertainty of future. It's an instrument to safeguard the family's interest in the event of policy holder's demise. This is the fundamen
Read More>>