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Balance sheet is likely to worsen and sustaining premium valuation may remain a challenge

The 20% Tax Collected at Source (TCS) rule for overseas tour packages seems to have a loophole. Booking such a package with an Indian tour operator attracts TCS right away. With a foreign tour operator, you can escape TCS until international payments on your credit card cross Rs 7 lakh a year.

Thanks to the boom in travel, the earnings trajectory should remain strong and investors could expect stock returns to closely mimic earnings

Srinagar, February 11 (Scoop News)- Stay Pattern Hospitality Services, leading hotel and travel management company recently signed five years contract with MakeMy Trip, leading travel company of India for newest franchise outlet in Srinagar. Faheem Qureshi, founder & director of Stay Pattern Hospitality Services said, “This expansion augments MakeMy Trip’s first retail store in Kashmir reiterating the company’s strategic focus to expand its footprint in the city.” He further said that “Kashmir features a key source market for MakeMy Trip and caters to the growing demand from mult...

Top executives of eight domestic tech firms, includingPaytm founder Vijay Shekhar Sharma and Oyo founder Ritesh Agarwal, will appear before a key parliamentary panel on Thursday to discuss the market behaviour of technology platforms amid rising anti-competition concerns.