Need greater tax certainty to exploit India's aviation growth potential: IATA DG

GLOBAL airlines! grouping IATA on Tuesday said India has a complex taxation system and "greater certainty" on taxes will be important to exploit the potential of the country's fast growing civil aviation market.

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India is among the civil aviation markets that has incredible growth opportunities and its growth rate is expected to surpass that of China, IATA Director General Willie Walsh said.

Against the backdrop of some foreign airlines receiving tax notices in India in recent times, Walsh said "India has a very complex tax system and it has been a feature of our industry for many years. So, it is not a new issue".

For the country to fully exploit the potential and to translate the vision into a reality, Walsh said the issue of taxation does have to be addressed.