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BUDGET HOTELS GST
To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...- India’s hotel expansion gains pace, draws institutional capital into real estate foldIndia's hotel sector is set for robust growth, with operators planning over 70,000 new rooms by 2030. Driven by strong domestic travel and ...
- Union Budget 2026: The rooms India needs to build for the world to check inIndia Budget 2026: As India eyes Union Budget 2026, the tourism and hospitality sector seeks strategic support to enhance hotel capacity an...
- Tourism Boost: GST on hotel room tariffs under ₹7,500 cut to 5%The Goods and Services Tax (GST) Council has decided to reduce tax rates on hotel rooms costing up to Rs 7,500 per day. The new rate is 5% ...
- Union Budget: Will Budget 2024 book tourism’s ticket to growth?Budget Expectations: The 2024 interim Budget saw a 44.7% increase in tourism sector allocation, a promising sign for industry growth. With ...
- FHRAI seeks infra status for hotels, convention centres in pre-Budget meetThe Federation of Hotel and Restaurant Associations of India (FHRAI) has urged the government to grant infrastructure status to all hotels ...
- Budget 2024 wishlist: What hospitality and travel sector players want from the Modi governmentInterim Budget 2024: Hospitality and travel sector players demand infrastructure status for the hotel industry, tax exemption on LTA, and r...
- Budget 2024: FHRAI demands infrastructure status for hospitality sector from SitharamanBudget 2024: The Federation of Hotel & Restaurant Associations of India (FHRAI) unveiled a set of pre-budget expectations on Wednesday. The...
- OYO founder Ritesh Agarwal hopes for the removal of 12% GST on hotel rooms in Budget 2023Ritesh Agarwal, the founder of OYO Hotels & Homes, anticipates that the 12% GST on hotel rooms costing less than Rs 1,000 should be elimina...
- Holidays to become costlier from July 18 as all hotel rooms to be taxed under GSTGST council, in its meeting in June 2022, withdrew various GST-related tax-exemption. One of the tax-exemption of no GST on hotel rooms up ...
- Budget travellers, try camping out?Hotels charging more than Rs 1,000 will continue to be taxed 12% under the goods and services tax. But it's the sub-Rs 1,000 lot - budget a...
- Travel & tourism industry eyes easing of tax burden in Budget 2019Travel company Cox & Kings Group CEO Peter Kerkar urged the government to speed up tourism projects in destinations that have the carrying ...
- What India's hospitality sector wants from Jaitley in Budget 2018Tourism is largely underpenetrated and hotels is the main component in travel. GST has raised the tax burden by 3 times, the industry says.
- View: Budget must ease burden on Indian hospitality sectorBut in the short term, disruptions have interrupted the flow of business in many sectors. The bumps in GST should be identified swiftly to ...
- As occupancy drops, high-end hotels find luxury comes at a costA levy of 28%, the highest rate under GST, is imposed on hotels with room tariff of Rs 7,500 or more. Those that charge less face GST at 12...
- New tax regime takes a toll on occupancy at high-end hotelsA levy of 28%, the highest rate under GST, is imposed on hotels with room tariff of Rs 7,500 or more. Those that charge less face GST at 12...
- No big impact on airfares, hotel rates: Travel agentsTravel agents said the pace of discounts, sales and other incentives being offered by them will continue the same way, post GST.
- GST rate on top hotels, restaurants upset hospitality, tourism industriesBudget hotels will attract low GST rates - even nil in some cases - but those charging Rs 5,000 and more room tariff per day will have to p...
- Calculus: ITC a 'Buy' for most analysts despite Q3 blipThe revenue growth for the cigarette to hotels conglomerate stood at 4% during the quarter, less than half of that witnessed in the precedi...
- Budget 2016: Hotel industry hopes for tangible resolutionsAhead of the Budget, FHRAI has urged the government to rationalise taxes and amend policies for aligning the tourism sector.
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