New Delhi, Jan. 27 -- The hotel industry is banking on the Union Budget 2025-26 for reforms that could lower stay and dining costs, making travel more affordable for consumers.
The industry is advocating for a reduction in Goods and Services Tax (GST) rates for hotel rooms and restaurants, besides tax incentives, to boost sector viability, K.B. Kachru, Hotel Association of India president and chairman emeritus and principal advisor for Radisson Hotel Group in South Asia told Mint.
These changes could lower operating costs for hotels, improve affordability for travellers, and help attract more international visitors. With the sector facing high costs and regulatory hurdles, he said such measures will also attract more investment, create ...
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