T. M.Thomas Isaac informed that the Kerala government will slash the tax on aviation fuel to 5% from the current 28.75% for domestic airlines. A revenue loss of Rs 100 crore is expected through this.
The tax cut is expected to benefit three international airports- Thiruvananthapuram, Kochi and Karipur in the state as the LDF government had already decided to levy only 1% fuel tax from airlines operating service from the newly commissioned Kannur airport.
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