Aviation and hospitality industry experts on Thursday expressed disappointment at the 2013-14 General Budget, saying contentious issues like high sales tax on jet fuel and taxation on travel trade had not been addressed. While welcoming the concessions granted to the MRO (Maintenance, Repair and Overhaul) sector, they, however, termed the decision as a "minor correction" for a "small sector right now". ...
07:12 PM, Feb 28, 2013
New Delhi: Representatives of hotel and tourism sector on Monday urged Finance Minister Pranab Mukherjee to roll back the proposed 10 per cent additional levy of service tax on the industry. "For an industry which is people intensive with an enormous multiplier effect, the government should give a boost not a further tax burden," Jyotsna Suri, chairperson of FICCI tourism committee, said at a press conference here. "We request the...
10:03 AM, Mar 15, 2011
The general sentiment is to explore the tourism and hospitality sectors. ...
01:46 AM, Oct 16, 2008
