The hospitality industry is deeply disappointed by Union Budget 2022
Finance Minister
Posted inBudget Wishlist, Business
Budget2022: Innovation, inclusivity and infrastructure
The Finance Minister has placed great onus on infrastructure and logistics
Posted inBudget Wishlist, Business
Budget2022: Focus on high-growth areas
Some steps announced in Union Budget point towards infusing a never-before dynamism in the Indian economy
Posted inBusiness, Budget Wishlist
Budget2022: Time for a big boostÂ
As the millennials and GenZ shift from mainstream travel destinations to offbeat locations, there is an ever-growing need to boost basic infrastructure in the hinterlands
Posted inBusiness
IATO representatives meet Finance Minister seeking relief measures for revival of tourism
The delegation also discussed about the cascading effect of multiple GST on the tour operators and requested her to remove this anomaly by charging GST on the deemed total value which could be 10% of gross billing of the tour operators.
Posted inBusiness
FHRAI welcomes the relief measures announced recently by the Finance Minister
The FHRAI has also stressed on the need to focus on reviving domestic tourism in the country.
Posted inBusiness
IATO urges Finance Ministry to consider lowering GST for battered tourism sector
IATO requests the council to consider charging GST on tour operators on 10% of the service charged or 1.8% of gross billing of the tour operator as compared to present 5%.
Posted inBusiness
FM Nirmala Sitharaman announces deadline extension and relaxation of regulatory norms for citizens and businesses
The Economic Task Force will soon announce an economic relief package to deal with the impact of COVID-19
Posted inBusiness
Finance Ministry reviews the economic impact posed by COVID-19 on key sectors
The government on basis of the recommendations of these sectors will try and announce a relief package for Coronavirus-affected sectors
