Chennai: Tamil Nadu government today said that provisions for certain tax-related sops on Aviation Turbine Fuel (ATF) had affected the state's tax earnings to the tune of around Rs 240 crore per year.
One such beneficiary was the Marans-owned Spicejet, Commercial Taxes Minister C Ve Shanmugam told the Tamil Nadu Assembly.
Replying to the grants for his department for the year 2012-13, he said that as part of the AIADMK government's efforts to mop up taxes,the cash-rich cricketing extravaganza, Indian Premier League ( IPL) and the Direct to Home (DTH) services have also been brought under the taxation ambit.
05/05/12 Economic Times
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