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Hike in service tax, ATF set to make flying costlier

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Uploaded by on Mar 4, 2010

Air travellers can expect a fare hike within a week, reports CNBC-TV18's Mehak Kasbekar. Speaking on the sidelines of the Hyderabad Indian Aviation conference, top honchos of domestic airlines said a double whammy of a hike in service tax and Aviation Turbine Fuel (ATF) will be difficult to swallow for airlines.

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