The Government has increased the excise duty on business and club class air tickets upto Rs. 350,000 in budget 2024-25.
The latest upgrades in Finance bills has witnessed a hoge change in excise duties for all the ticket categories .
From 1 July 2024 economy and economy plus air tickets will charge Rs. 20,000 duty. People travellig Middle East and African countries, Dubai and Saudi Arabia will charge Rs. 105,000 duty on businees calss and club class air tickets.
Indiviuals travelling to Canada and United States will now pay Rs. 100,000 excise duty on business and club class. Travelling to North America, Latin American and Canada duty haas been raised from Rs. 250,000 to 350,000 for business/club class.
The duty on Europeon countries hiked from Rs. 60,000 to Rs. 210,000 while tickets travellingto New Zealand and Australia has also increased to 210,000.