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Home » News » National
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PM Modi Denies Reports of Imposing Levy on Foreign Travel

Indian Community Editorial TeamBy Indian Community Editorial TeamMay 15, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
PM Modi Denies Reports of Imposing Levy on Foreign Travel
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Prime Minister Narendra Modi refuted claims circulating in the media about the government considering imposing a levy on foreign travel. Modi clarified on social media that these reports were entirely false, emphasizing the government’s commitment to enhancing the ease of doing business and living standards for citizens. The Prime Minister dismissed the alleged proposal of imposing a tax/cess/surcharge on foreign travel, which was reported by a business news channel as being discussed at high levels.

In response to the exclusive report by CNBC-TV18, which suggested the government’s contemplation of an additional levy on foreign travel to address fiscal challenges, Modi shared a graphic debunking these claims. The report indicated that the proposed levy would contribute directly to the central government’s funds and was intended to offset war-related fiscal impacts and rising oil and import costs. Despite the channel’s attempt to seek confirmation from the Finance Ministry, no response was received.

Modi’s public clarification came amidst concerns raised by opposition parties about governance failures and economic emergencies. The Prime Minister had previously urged citizens to adopt prudent measures in light of global uncertainties, including reducing unnecessary fuel consumption and discretionary spending. These precautionary steps were seen as necessary to brace for potential global economic instabilities and fluctuations in energy prices.

India’s heavy reliance on imported crude oil makes it susceptible to international energy price fluctuations, impacting sectors like transportation, food supplies, and logistics. With global uncertainties persisting, various countries have implemented cost-control strategies to mitigate economic risks. Meanwhile, BJP leaders defended Modi against opposition criticism, asserting that the Prime Minister’s appeals aimed to prepare the nation for looming economic challenges. Modi’s response also highlighted concerns regarding the dissemination of unverified reports on sensitive economic policies.

BJP CNBC-TV18 Congress Finance Ministry India Narendra Modi Opposition parties West Asia
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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