It pointed out that the General Insurance Corporate of India Ltd (GIC Re) and other Re-insurers have increased the premium rates substantially by more than two-and-half times from the pre-FY 2018-19 levels
Finance Ministry
Posted inBudget Wishlist
Noesis presents suggestions for the Union Budget 2022
Tax relief, Infrastructure status and financial assistance tops their wishlist
Posted inBusiness
Budget 2022: Tax relief, low-interest loans, boosting domestic tourism
Industry stakeholders share their wish list for the upcoming budget
Posted inBudget Wishlist, Business
Gearing up for the unexpectedÂ
Akhil Arora, COO, Espire Group, shares the fiscal contingency plans that the government can earmark to deal with the uncertainties that keep affecting the hospitality sector
Posted inBusiness
Seeking fiscal succour from the pandemic’s tumult
While temporary measures like moratorium and ECLGS schemes allowed the hospitality sector to steer through the pandemic, these now need revaluation and restructuring
Posted inBudget Wishlist
Hopping back on the road to recovery
Rationalising the tax structure will help reduce complexities and enable the travel and hostel industry to accelerate business further
Posted inBudget Wishlist
Place no limits
Curbs on seating in F&B outlets will greatly impact the F&B business
Posted inBudget Wishlist
Protect and support to help in survival
While the government has supported the industry with its progressive policies, it needs more protection to survive
Posted inBudget Wishlist
Increase LTA to incentivise people to travel
This will help the industry cater to 15 to 18 million domestic tourists
Posted inBusiness
HAI presents suggestions to Finance Ministry
The association recommends some easily doable policy reforms to help the industry in revival and enable it to flourish