New Delhi, May 16 (IANS) The Delhi government Cabinet headed by Chief Minister Rekha Gupta has decided to reduce the VAT rate on Aviation Turbine Fuel (ATF) in the National Capital Region from 25 per cent to 7 per cent, an official said on Saturday. This concessional rate will initially be applicable for a period of six months and may help in preventing a spike in airfares in view of the global oil supply disruption due to the Iran conflict, said the official.In another development, Chief Minist…
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