NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Government Denies Plans to Impose Tax on Foreign Travel

Prime Minister Narendra Modi on Friday dismissed reports stating that the Centre plans to levy a cess or surcharge on foreign travel. This move comes amid increasing economic pressure from supply chain disruptions linked to the ongoing US-Iran conflict.

In a post on X (formerly Twitter), the Prime Minister assured the public that there is no question of imposing restrictions on foreign travel. He reaffirmed his government's commitment to improving 'Ease of Living' for the people. The statement is a direct response to reports that emerged earlier, suggesting that the government was considering imposing a tax, cess, or surcharge on foreign travel.

Prime Minister Modi firmly rejected these reports, calling them completely false. He emphasized that his government remains committed to improving 'Ease of Doing Business' and 'Ease of Living' for the people. This move is seen as a reassurance to individuals and businesses that the government is not planning to impose additional restrictions on foreign travel.

Read also: 60 Minutes' Future Under Scrutiny Amid CBS News Turmoil

Reported ImpactActual Situation
Imposition of tax, cess, or surcharge on foreign travelNo restrictions planned
Supply chain disruptions due to US-Iran conflictOngoing economic pressure
Reduction in 'Ease of Living'Government remains committed to improvement
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