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Business News Today: Latest Business News, Finance News

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PM Modi dismisses reports of tax or cess on foreign trave...
2026-05-16 · via Business News Today: Latest Business News, Finance News
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SENSEX   75,237.99

 -160.73

NIFTY   23,643.50

 -46.10

NIFTY   23,643.50

 -46.10

CRUDEOIL   10,057.00

+ 333.00

CRUDEOIL   10,057.00

+ 333.00

GOLD   158,669.00

 -3,309.00

Calling the claims “totally false,” he said there is “not an iota of truth” in the report and reiterated that the government remains committed to improving “Ease of Doing Business” and “Ease of Living.”

By PTI

Updated - May 15, 2026 at 10:54 PM.

Prime Minister Narendra Modi has strongly denied media reports suggesting that the government is considering imposing a tax, cess, or surcharge on foreign travel.

Prime Minister Narendra Modi has strongly denied media reports suggesting that the government is considering imposing a tax, cess, or surcharge on foreign travel. | Photo Credit: via PTI

Prime Minister Narendra Modi on Friday dismissed reports that the government is considering levying a tax or a cess or a surcharge on foreign travel as "totally false".

The prime minister said this in response to a new report suggesting that the government is considering levying a tax or a cess or a surcharge on foreign travel but no final decision has been taken yet.

"This is totally false. Not an iota of truth in this. There is no question of putting such restrictions on foreign travel. We remain committed to improving 'Ease of Doing Business' and 'Ease of Living' for our people," Modi said in a post on X.

It is rare that the prime minister himself has denied a media report.

The report, quoting sources, claimed that the proposal to levy a cess or a tax or a surcharge on foreign travel is being discussed at the highest levels.

Published on May 15, 2026

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