Planning your trip through airways in the festive month of November might cost you higher than the normal budget owing to the air fare hike. The air fare hike will be effective very soon as a result of 5 percent custom duty on aviation turbine fuel. The custom duty hike of the jet fuel is going to pick some extra money from the pockets of the passengers.
The rising value of dollars with the downward spiral of rupee fluctuation and the air fuel hike are considered to be the main reasons for the air fare hike for both domestic and international flights. The air fares can go up to 8 percent on a minimum scale in the month of Diwali. Usually the air fares go high in the months of October and November when usually the holiday trips were planned in and out of the country.
The custom duty on air fuel increases the fare further causing huge change of rates for both domestic and international flight categories. Air fares to Singapore, Malaysia and other South East Asian countries will likely to increase in the month of November reported many travel agents. The sales tax is also high in many states of India especially Tamil Nadu that may lead to the increase in the taxation policies for importing jet fuel.