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FOREIGN TOUR PACKAGES
Cruise tourism can be a major multiplier for India’s travel and MSME sectorsIndia’s cruise tourism sector is sailing into a new phase of growth, creating opportunities for MSMEs across travel, hospitality, logistics...- Thailand attracts far more tourists than India despite a higher per capita income. Shashi Tharoor explains whyShashi Tharoor advocates for significant policy reforms and infrastructure development to enhance India's tourism. He suggests greater priv...
- Ahead of WTC games, India search for missing links against gritty AfghanistanIndia faces Afghanistan in a one-off Test, aiming to finalize their batting order and identify a successor for Ravindra Jadeja. With a blen...
- Ahead of WTC games, India search for missing links against gritty AfghanistanIn a gripping standalone Test in Mullanpur, India faces off against Afghanistan, marking a pivotal moment for the Indian squad as they seek...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- New income-tax act takes effect todayNew tax rules and budget changes begin April 1. Higher taxes on speculative stock trades will curb risky bets. Lower taxes on overseas trav...
- New 20% TCS rule from October 1, 2023: 4 tips to bring down TCS to zero during your next international trip20% TCS on overseas tour package: When you book, offline or online, overseas tour packages, offline or online, of more than Rs 7 lakh in a ...
- Travel agents' association urges govt to abolish implementation of TCS scheduled for Oct 1The Travel Agents Association of India (TAAI) has appealed to the Indian government to abolish or defer the implementation of the new Tax C...
- Six foreign tours companies under tax scannerThe department sent show cause notices to these companies between June and July. According to an official, hefty tour packages were booked ...
- 3 ways to avoid the 20% TCS on overseas tour packages effective July 1, 2023Starting from July 1, 2023, a tax collected at sources (TCS) of 20 per cent will apply to overseas tour packages. If you are planning to ta...
- You have to pay more for foreign tour packages from July 1, 2023: How to book smartly to save betterIf you are buying a foreign tour package from a travel agent, you have to pay a tax collection at source (TCS) of 20% from July 1, 2023. Bu...
- Using prepaid forex cards? Still no clarity on 20% TCSAt present, foreign currency and prepaid forex cards up to Rs 7 lakh accessed through these RBI-authorised facilities for international tra...
- Budget 2023: Be ready to shell out more for that dream trip abroadThe increase in TCS on overseas tour packages will put domestic operators at a disadvantage, said MakeMyTrip group CEO Rajesh Magow. “It wi...
- IATO hails govt decision to scrap TCS on sale of overseas tour packages to foreign tour operatorsIATO said a lot of foreigners book overseas tour packages for neighbouring countries like Bhutan, Nepal and Maldives through Indian tour op...
- GST relief for transport and tourism sectors, small online businessesRoad transporters will now have the flexibility to opt for paying GST at 5% without input tax credit or GST at 12% with such credit. The op...
- Japan to resume tourism in June; only packaged tour for nowBeginning June 10, Japan will allow the entry of people on tours with fixed schedules and guides, Prime Minister Fumio Kishida said. Touris...
- Tour Operators association writes to PM Narendra Modi to release service exports scheme benefits for 2019-20SEIS benefits are given to the tourism industry based on its foreign exchange earnings under FTP and these funds are used for promotions, m...
- With the government hiking service tax, foreign trips gets expensiveWith the rupee falling visà-vis the dollar and oil prices rising that may lead to end of cheap international airfares, tour companies fear ...
- Rupee fall takes fun out of foreign tripWhile inbound packages would be getting cheaper due to weaker Re, the impact is not visible so far as hotel tariffs are still high. Heritag...
- Tour operators get service tax reliefDomestic tour packages are likely to become cheaper. The government has decided to increase the rate of abatement for service tax on tour o...
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