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GST ON HOTELS
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- MoSPI proposes Index of Service Production with 2024-25 as base yearThe Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...
- EY, FICCI urge govt to reduce GST rate to 9% on hotel rooms priced above Rs 7,500 per nightA joint report by EY and FICCI suggests lowering the GST on luxury hotel rooms to 9%. This move aims to make India a more competitive touri...
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- IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
- 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 ...
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- 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 ...
- Tourism ministry plans promotions around GST rate cut for hotelsThe GST rate for room tariffs of Rs 7,500 and above was reduced to 18% from 28%, while those between Rs 1,000 and Rs 7,500 would have to pa...
- Centre to move GST council over "hefty" tax on hotel rooms"The government is sensitive to the needs of the industry," a government official said.
- ‘Declared tariff’ for GST foxes hotelsTax experts reckon the government should provide clarity and should consider the invoice value for calculating the GST rate in hotels.
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