Wednesday, May 10, 2006

Patel to take up ATF issue with FM again

Civil Aviation Minister Praful Patel on Tuesday said he would once again take up with the Finance Minister P Chidambaram the issue of rationalisation of taxes on Aviation Turbine Fuel (ATF).
"Since the ATF prices all over the world is shooting up and the tax structure on it is not conducive for growth of civil aviation industry in India. I'll be meeting the FM again to take up the issue," Patel said.
Patel said he had earlier met the Finance Minister and will be meeting him again soon.
The increasing cost of ATF may in turn raise the fares of airlines.
09/05/06 PTI/Hindustan Times
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