288 results found

Once merely a dream, travel via air is now a reality.

Demand No 22 – Defense pensions Total Defense expenditure (excluding Defense pensions) (INR crore) 4.65% increase in capital outlay US$78.57 billion (INR6.81L crore) US$20.76 billion

India is the World's third largest market in aviation sector and rapidly growing. The growth is not just due to international but also domestic travel spurt.

The Ministry of Civil Aviation vide its notification dated February 21, 2020 has amended the Aircraft Rules, 1937.

As per the reports of a Government official, two out of the five petroleum products namely aviation turbine fuel and natural gas are among the first set of petroleum products that are likely to be included under the ambit of GST.

The growth potential in India’s aviation industry is tremendous and, bolstered by one of the world’s fastest growing economies, this is just the beginning of its rise as a serious international player.

These will apply to any UAS registered in India; person owning, possessing, engaging in trade, manufacturing, leasing, operating etc. UAS in India.

The Indian shipping industry is headed for rapid growth in view of the impetus in growth of the Indian economy over the last few years. This has resulted in some of Government of India’s (GOI) existing policies in the shipbuilding industry gaining prominence, an example of which is the Subsidy Scheme introduced in 2003, under which a subsidy of 30% can be availed of by an Indian shipyard, when it constructs a vessel in India upon receiving a Domestic Order on Global Tender basis or upon receivin

Eleven months since the admission of the Go First insolvency, the Delhi High Court has passed a significant orderon April 26, 2024, allowing the writ petition filed by certain aircraft lessors...

Ikigai Law advised Pixxel Space, an Indian space-tech startup, in contract negotiations for its forthcoming satellite launches aboard a SpaceX Falcon-9 and a Russian Soyuz space craft.

In August 2021, the civil aviation ministry notified the Drones Rules 2021 (Drone Rules). These rules completely overhaul an earlier iteration of regulations released only in March, 2021.

The developments in India have been quite remarkable. Privatisation has changed the face of airports and / or air travel in India.

The Supreme Court of India last week delivered a landmark Judgment in the matter of State Bank of India & Ors. vs. The Consortium of Mr. Murarilal Jalan and Mr. Florian Fritsch & Anr...

GST on services by way of transportation of goods by aircraft/vessel is certainly on a roller-coaster ride these days. The story began in September 2022...

In DIT vs. M/s. Lufthansa Cargo India: TS- 299-HC-2015, the Delhi High Court held that payment made by assessee to German company for carrying out overhaul repairs to aircrafts was fees for technical services under section 9(1)(vii) of the Income Tax Act, 1961.

A leading provider of "on-demand" private aviation services was facing critical inefficiencies in its invoicing process, which posed a significant risk to its financial operations and overall productivity

A UK Commercial Court allowed an application for summary judgment filed by an engine lessor against SpiceJet.