{"id":435598,"date":"2021-09-13T11:18:53","date_gmt":"2021-09-13T05:48:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=435598"},"modified":"2021-09-13T12:23:09","modified_gmt":"2021-09-13T06:53:09","slug":"air-indias-capital-assets-to-fly-to-a-holding-company","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-indias-capital-assets-to-fly-to-a-holding-company\/","title":{"rendered":"Air India&#8217;s capital assets to fly to a holding company"},"content":{"rendered":"<p>The Central Board of Direct Taxes (CBDT) notified the transfer of Air India\u2019s capital assets to a holding company and offered tax relief to further sweeten the national carrier\u2019s privatisation process. This came a day after it allowed the carry forward of losses for public sector companies undergoing strategic disinvestment, a move that will help privatisation of Air India. <\/p>\n<p>As per the government\u2019s plan to make the state-owned airline attractive to potential buyers, its capital assets are being transferred to Air India Asset Holding Co. Ltd (AIAHL), a special purpose vehicle (SPV) created for holding half the airline\u2019s loans, four of its subsidiaries and non-core assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Board of Direct Taxes (CBDT) notified the transfer of Air India\u2019s capital assets to a holding company and offered tax relief to further sweeten the national carrier\u2019s privatisation process. This came a day after it allowed the carry forward of losses for public sector companies undergoing strategic disinvestment, a move that will help privatisation of Air India. As per the government\u2019s plan to make the state-owned airline attractive to potential buyers, its capital assets are being transferred to Air India Asset Holding Co. Ltd (AIAHL), a special purpose vehicle (SPV) created for holding half the airline\u2019s loans, four [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-435598","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=435598"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435598\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=435598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=435598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=435598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}