IATA says there is need for greater certainty on taxation
IATA
on Tuesday said there needs to be greater certainty in India's taxation system, which is very complex.
India is one of the world's fastest growing civil aviation markets and airlines are expanding their fleets and networks to meet the rising demand.
IATA Director General
Willie Walsh
said the rate of growth in the
Indian aviation market
will be higher than China.
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by Taboola
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Against the backdrop of foreign airlines getting tax notices in recent times, Walsh said the
taxation system in India
is complex and there needs to be "greater uncertainty".
The
International Air Transport Association
(IATA) represents over 350 airlines globally.
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