Karachi, July 06, 2024 : The Travel Agents Association of Pakistan (TAAP) has declared the recent tax increases on air tickets illegal, stating that the sharp rise has plunged the industry into a severe crisis.
During a press conference at their office, former chairman and executive committee member Nadeem Sharif emphasized that these measures could lead to the industry’s destruction.
APJC Chairman Muhammad Hanif Ranch criticized the government’s actions over the past five days, asserting that they have violated existing laws. He described the tax increases as arbitrary and detrimental to the travel and tourism sector.
TAAP officials expressed deep concerns over the impact of the tax hike on air tickets, noting that bookings for economy class tickets abroad have surged by 150%, while first-class ticket prices have increased by 40%. The association warned that these measures could lead to the default of numerous travel agencies across the country.
Travel agents nationwide are currently protesting the government’s decision, highlighting the severe financial strain placed on the industry. The association has called for immediate intervention to prevent further damage and safeguard the livelihoods of those dependent on the travel and tourism sector.
