The hospitality industry is deeply disappointed by Union Budget 2022
Finance Minister – Smt. Nirmala Sitharaman
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
FHRAI writes to Finance Minister; requests to increase the threshold limit for zero GST for hotel room tariffs
Increasing the threshold limit on zero GST will give hotels a chance to attract more tourists, thus increasing the chance of generating slightly better revenues. This could result in a multiplier effect for the Hospitality as well as the Tourism industry.