By bringing OTAs under the GST provision will end tax evasion by thousands of illegal accommodation units listed on the OTAs and benefit the exchequer.
Gurbaxish Singh Kohli
Posted inBusiness
Andaman & Nicobar Islands’ Tourism & Hospitality industry requests to increase the flight frequency at Port Blair
Prior to the pandemic, Andaman & Nicobar Islands had twenty-two operational flights per day which now has been restricted to less than four flights a day
Posted inBusiness
FHRAI and EEMA to jointly address concerns faced by its members over copyright issues
The Associations plan to submit joint representations to all concerned Governmental authorities regarding the copyright issue
Posted inBusiness
After CCI & NCLAT, FHRAI knocks on NITI Aayog’s door to highlight Oyo’s unethical business practices
The Association has specifically pointed out that certain recent activities conducted by Oyo to earn goodwill have actually come at the expense of partner hotels.
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 inF&B
FHRAI submits representation seeking extension on the timeline for mentioning FSSAI license no. on bills
The Association has requested the authority to take into consideration the COVID-19 affected industry’s on-going crisis and the additional expense burden that businesses would have to incur to implement new systems including the printing of new receipts, invoices, bills, cash memos and updating of the software and PMS
Posted inBusiness
Industry stakeholders hail RBI’s INR 15,000 crore liquidity window to help hotels, tourism
RBI has doubled the maximum aggregate exposure to INR 50 crore, enabling a larger set of borrowers to avail of the benefits under Resolution Framework 2.0
Posted inBusiness
‘RBI’s latest policy measures fails to address the problems of the Hospitality industry,’ says FHRAI
FHRAI has submitted a representation to the RBI Governor – Shaktikanta Das requesting to provision a special window for restructuring the tourism and hospitality sector without any cap on loan exposure.
Posted inBusiness
NCLAT allows FHRAI’s intervention in OYO insolvency case
Claims of over Rs.200 cr registered with IRP against OYO
Posted inUncategorized
FHRAI urges Centre for immediate fiscal measures to rescue the distressed industry
The FHRAI has pointed out that businesses are steadily closing and NPAs are rising. The Indian Hotel industry’s total revenue in FY 2019-20 stood at Rs.1.82 lakh Cr.