Sunday, March 01, 2015

Post-budget, flying becomes costlier for non-resident Indians

Muscat: Non-resident Indians (NRIs) will have to pay more for their tickets as the Indian government hiked marginally the service tax on airfares in its union budget for the financial year 2015-2016, on Saturday.

According to the budget, flying is set to become marginally dearer in the next financial year thanks to the hike in service tax from 12.36 per cent to 14 per cent, but it will be applicable only for tickets purchased in India.

Airlines officials and travel agents say that the hike will be nearly 2 per cent of the ticket price.

Which means, a Kochi – Muscat one-way economy fare costing around OMR199 on an airline on Saturday, will cost around OMR4 more.

The impact on business and first class travel will be more due to high base fares which would lead to heftier hikes.
28/02/15 Rejimon K/Times of Oman
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