The hospitality industry is deeply disappointed by Union Budget 2022
Union Budget 2022
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 inUncategorized
Budget 2022: Some relief but more opportunity to support stressed tourism: FAITH
Extension of ECLGS expansion till 2023 with an additional corpus of INR 50000 crores dedicated to hospitality and allied industries will provide relief
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 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