• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

PM Modi Refutes CNBC-TV18 Report On Govt Considering Levy On Foreign Travel

OMMCOM NEWS by OMMCOM NEWS
May 16, 2026
in Nation
pm modi

New Delhi: Prime Minister Narendra Modi on Friday took to social media to rebut a source-based media report claiming that the government was considering imposing a levy on foreign travel “at highest levels”.

“This is totally false. Not an iota of truth in this,” the Prime Minister said in posts shared on social media platforms including X and Facebook.

“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,” he added.

The Prime Minister attached to his post a graphic circulated by business news channel CNBC-TV18, which claimed that the government was considering imposing a “tax/cess/surcharge on foreign travel” and that a final decision was awaited.

Describing the report as an “exclusive”, the channel cited unnamed sources claiming that the proposal was being “discussed at highest levels”.

The report further claimed that the proposed additional levy on foreign travel would “flow directly to Centre, not divisible pool” and was aimed at cushioning “war-related fiscal impact” as well as mitigating higher crude oil and import costs.

The report also stated that CNBC-TV18 had approached the Finance Ministry for confirmation but had not received a response.

However, the Prime Minister categorically dismissed the claims through his public clarification on Friday.

Since PM Modi appealed to citizens to remain pragmatic and responsible in view of continuing global volatility, Opposition parties have repeatedly alleged “governance failure” and described the situation as an “economic emergency”.

The Prime Minister had earlier issued a seven-point appeal urging citizens to reduce unnecessary fuel consumption, revive work-from-home practices and exercise caution in discretionary spending, including on gold purchases, as a precautionary response to uncertain global conditions.

According to experts, such measures are aimed at preparing the country to withstand prolonged global uncertainty and possible increases in international crude oil and energy prices.

India, which imports nearly 85 per cent of its crude oil requirement, remains vulnerable to fluctuations in global energy prices, which could eventually affect inflation in sectors such as transport, food supplies and logistics.

Several countries have already introduced cost-control measures amid continuing uncertainty in West Asia and concerns over rising energy prices.

BJP leaders, meanwhile, accused the Congress of habitually opposing the Prime Minister and claimed that criticism of precautionary economic measures has become a recurring political strategy.

They argued that PM Modi’s appeal was intended to encourage preparedness before economic pressures intensified further.

The Prime Minister’s rebuttal also drew attention to concerns over publication of unverified reports relating to sensitive economic policy matters.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Shashi Tharoor Expresses Regret Over Skipping Next Week’s Swearing-In Ceremony Of Kerala CM-Designate Satheesan

Next Post

IPL 2026: Akash’s Three-Fer, Marsh’s Scintillating 90 Helps LSG Thrash CSK By Seven Wickets

Related Posts

Nation

Shashi Tharoor Expresses Regret Over Skipping Next Week’s Swearing-In Ceremony Of Kerala CM-Designate Satheesan

May 16, 2026
Nation

V-P Radhakrishnan To Attend Statehood Day Events In Sikkim Today

May 16, 2026
Nation

‘Goedeavond Nederland’: PM Modi Arrives In The Netherlands To Deepen Bilateral Ties

May 16, 2026
Bengal CM
Nation

Within Days Of Taking Oath, Suvendu Adhikari Govt Rolls Out Key Reforms; Introduces ‘Live Tracker’ For Promises

May 15, 2026
Petrol
Nation

Petrol At Rs 97.77 In Delhi After Fuel Hike; Check Rates In Major Indian Cities

May 15, 2026
Anita Orban
Nation

EAM Jaishankar Congratulates Anita Orban On Appointment As Hungary’s Deputy PM, Foreign Minister

May 15, 2026
Next Post

IPL 2026: Akash’s Three-Fer, Marsh’s Scintillating 90 Helps LSG Thrash CSK By Seven Wickets

UAE Rejects Iran’s Allegations At BRICS Meet

Khimji
SAI
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.