NEWS

New Delhi: Air India chief Pradeep Singh Kharola has said in New Year message to employees that "we have to perform if we do not want to perish".

Kharola, who took over as chairman and managing director of the disinvestment-bound national carrier earlier this month, also said the onus to steer the company out of turbulence lies on everyone.

"We have to adopt a professional and productive work culture which will hold the key for our turnaround ... your hard work has helped Air India to improve in some of the key operational parameters in recent times, but still, we have miles to go," the AI chief said.

New Delhi: Minister of State for Civil Aviation JayantSinha has said the passenger drones can help decongest the choked city roads and students from the premier IITs could do a lot in developing such tools, has said.
Addressing the Techfestorganised by the Indian Institute of Technology (IIT)-Bombay, Sinha said the government is working on bringing in regulations for the drones sector which will help faster and better development of such technologies.

"Drones are a massive opportunity. Like electric vehicles, drones will also use the same electric motors and batteries, but the only difference is that they will be in the sky. We are working on bringing in some set of regulations for drones that will help make the technology more progressive," the minister said.

New Delhi: The Institute of Chartered Accountants of India (ICAI) has recommended the government to make PAN compulsory on air-ticket bookings for overseas package tours to bring high value transactions into the data system.

In its pre-Budget memorandum with regards to direct taxes, the Chartered Accountants' apex body also recommended an independent audit provision which may be inserted to provide for a comprehensive audit of all TDS returns filed.
ICAI also said the scope of filing return should be widened so as to include in its ambit the persons who are frequent international flyers.