Tag Archives: GST

Budget prompts mixed reaction

While Union Budget 2020-21 has made some in the travel trade happy, others claim that their demands have not been met and that despite allocating ₹2,500 crore to tourism, the government hasn’t done much for the sector at large. Some pain points this year have been absence of further reduction …

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Tourism is still struggling

The travel fraternity believes that the sector needs more nurturing from the government to reach its potential, as it hails the recent policy amendments in terms of GST and e-Visa fee. Naveen Kundu, Managing Director, EbixCash Travel & Holidays “Tourism is not a pampered sector just because GST adjustment has …

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A busy agenda for FAITH

FAITH is planning to conduct a solidarity meeting with stakeholders of the industry from Kashmir, revealed Subhash Goyal, Honorary Secretary, FAITH. TT Bureau Subhash Goyal has revealed that FAITH and its Board members will be going to Srinagar to express their solidarity with the travel and hospitality industry of Jammu …

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MOT to focus on new markets

Mulling plans to introduce a new promotional campaign for overseas marketing, Ministry of Tourism is looking to focus on new markets such as China and Japan, while strengthening its presence in traditional ones. Manas Dwivedi Sharing the ministry’s plans and targets, Rupinder Brar, Additional Director General, Ministry of Tourism (MOT), …

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What next after GST rate cuts?

Now that the the Goods & Services Tax (GST) has been revised for hotels – 12 per cent for tariff from ₹1000-₹7500 and 18 per cent for tarrif above ₹7500, senior members in the hospitality sector talk about other related issues that still need to be ironed out, including Input …

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India’s rate cuts in spotlight

At WTM 2019, India is sure to pack a punch with a bigger, stronger delegation. A lower visa fee and reduced GST on hotels, which have made travel to India more affordable, will set the ball rolling for tourism growth. Nisha Verma The positive atmosphere created for tourism in India, …

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‘Fee cuts to boost tourism’

Pointing out to the revised visa fee and GST rates, Prahlad Singh Patel, Minister of State (I/C), Tourism and Culture, claims that the current environment in India is most favourable for both inbound and domestic tourists. Nisha Verma On September 27, 2019, India played host to the UNWTO World Tourism celebrations, where M …

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India made affordable for all

A reduced e-Tourist Visa fee, a lower GST rate for hotels and the annual India Tourism Mart are helping create an ideal environment for the growth of the industry. The true impact, however, is yet to be seen. Prahlad Singh Patel, Minister of State (I/C), Tourism and Culture, Government of …

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GST: Mixed bag for hotels

While in the long-term, there are clear benefits of GST, there is also an urgent need to rationalise the multiple GST tax rates across the hospitality segment, believes Dharam Reshamwalla, Senior Area Director of Finance—South Asia, Marriott International. The hotel industry was earlier structured with a multiple taxation system comprising …

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One-stop shop, incredibly!

K J Alphons, Minister of State (I/C) for Tourism, speaks on the recently-launched Incredible India website and the initiatives undertaken for infrastructural development in the country to boost tourism. Anupriya Bishnoi Q. What are the initiatives taken up by the Ministry for the development of infrastructure in India? As far …

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