Tag India

DGGI Targets Over Ten Airlines for GST Compliance in India

DGGI Targets Foreign Airlines
In a significant move, the DGGI has targeted ten international airlines for potential GST evasion, highlighting the importance of tax compliance in the Indian aviation sector. This article delves into the reasons behind the crackdown, its impact on foreign airlines, and the broader implications for the industry.

SpiceJet to Potentially Layoff Over 1,000 Employees

SpiceJet Aircraft Image
SpiceJet is set to undergo a significant transformation by laying off at least 1,000 employees in a bid to slash costs and streamline operations. Amidst financial woes, the airline's move seeks to balance manpower with its fleet size, promising operational efficiency and annual savings of Rs 100 crore. With a focus on fleet upgrading and performance enhancement, SpiceJet's leadership is steering the company towards a sustainable future.