‘Not an iota of truth’: PM Modi dismisses report of restriction on foreign travels via tax

NEW DELHI: Prime Minister Narendra Modi connected Friday powerfully rejected reports claiming that the Centre was considering imposing a cess, taxation oregon surcharge connected overseas question to offset the fiscal interaction of the ongoing conflict-linked economical pressures.Responding to the study successful a station connected X, PM Modi said, “This is wholly false. Not an iota of information successful this. There is nary question of putting specified restrictions connected overseas travel. We stay committed to improving ‘Ease of Doing Business’ and ‘Ease of Living’ for our people.”PM Modi’s effect came aft a media study quoting authorities sources claimed that discussions were taking spot astatine the “highest levels” regarding a imaginable impermanent cess oregon surcharge connected overseas travel.According to the report, the projected levy was being considered to cushion the fiscal interaction arising from the ongoing warfare concern and rising crude lipid and import costs.The study further claimed that immoderate cess, taxation oregon surcharge connected overseas question would travel straight to the Centre alternatively of the divisible taxation excavation and could stay successful spot for 1 twelvemonth arsenic a impermanent measure.The study besides stated that the concern ministry had not responded to queries regarding the proposal.However, PM Modi denied the claims and asserted that the authorities remained focused connected easing concern and travel-related processes for citizens alternatively than imposing caller restrictions.