04-July-2026
Taxation
 
Centre scraps TDS on aircraft lease rentals at IFSCs
04-Jul-2026

The PM Modi-led Central government announced on Friday that it has removed the requirement to deduct tax at source on aircraft lease rentals paid to leasing companies operating from International Financial Services Centres. The move is aimed at making aircraft leasing through GIFT IFSC more attractive and easing cash flow pressures on airlines.

News Source:- https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/centre-scraps-tds-on-aircraft-lease-rentals-at-ifscs/articleshow/132169160.cms
 
 
 

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