India has asked the US to simpliy procedures and fast-track processing for timely visas. India also urged the US to establish a permanent system for H-1B visa renewal and address challenges faced by domestic businesses. A pilot program for H-1B visa renewal within the US is set to begin, excluding dependents.
The Travel Agents Association of India (TAAI) has appealed to the Indian government to abolish or defer the implementation of the new Tax Collection at Source (TCS) on foreign remittances until the next fiscal year. The TCS, which has been raised from 5% to 20% on foreign remittances under the Liberalised Remittance Scheme, will be applicable to international travel and other remittances.
"I understand that banks are finding it difficult to calculate the TCS component as the reporting systems are not ready," said Jyoti Mayal, president, Travel Agents Association of India (TAAI) and vice chairperson, Federation of Associations in Indian tourism & Hospitality (FAITH).
Bogged down by an acute financial crunch due to grounding of more than half of its fleet amid P&W engine supply woes, Go First has cancelled flights for three days starting May 3.
GoFirst has canceled flights for three days starting May 3, bogged down by an acute financial crunch due to the grounding of more than half of its fleet amid P and W engine supply woes.