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Exemption on payment of WTH till Sept 30.

Publication: PTI - The Press Trust of India Ltd.

Publication Date: 28-FEB-05
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COPYRIGHT 2005 Asia Pulse Pte Ltd

New Delhi, Feb 28 (PTI) Responding to the demands from several airlines including new carriers, Indian government Monday decided to continue the exemption on payment of withholding tax (WHT) on leased aircraft and aero engines till September 30 this year.

"In deference to the request from Air India and Indian Airlines, I propose to extend up to September 30, 2005, the exemption from tax on agreements to acquire aircraft or aircraft engines on...

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