Industry

Bihar slashes VAT on aviation turbine fuel to 4% to boost air connectivity

The Bihar Cabinet has approved a significant reduction in the value-added tax (VAT) on aviation turbine fuel (ATF), lowering it from 29% to 4%. This decision, aimed at attracting more commercial flights under the Regional Connectivity Scheme, is expected to reduce air ticket prices and boost tourism across all airports in the state.

Katra-Srinagar Vande Bharat train likely to be flagged off by PM Modi this week

Prime Minister Modi is set to inaugurate the Katra-Srinagar Vande Bharat train, establishing the first rail link between the Kashmir Valley and the rest of India. Delayed due to weather and security concerns, the launch is now viewed as a strong statement against terrorism. The train features modifications for cold weather and enhanced security, marking a significant infrastructure achievement.