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Standstill Obligations Removed for Open Market Transactions

Standstill Obligations Removed for Open Market Transactions
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Interim Budget 2024: Travel Industry Demands LTA exemption Annually, Instead Of Twice In 4 Years

The Income Tax Act, 1961 offers salaried individuals LTA exemption for any two years in a block of 4 years.

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interim budget: Hospitality, travel sector players want infrastructure status for hotel industry

Hospitality and travel sector players demand infrastructure status for the hotel industry, tax exemption on LTA, and reduction in income tax levels. They also recommend removal of TDS on automated bookings and reducing the number of licenses required to establish a hotel. The industry seeks rationalization of GST and a Central single window clearance for hotel projects. Lowering of GST rates on hotel room tariffs above Rs 7,500 is also requested.

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Budget 2024: What hotel, travel industries want from Sitharaman

Hospitality and travel sector players on Tuesday demanded infrastructure status for the hotel industry besides measures such as tax exemption on LTA annually to boost domestic tourism ahead of the Union Budget.

They also recommended removal of the current TDS levied on automated bookings for internal or closed user groups such as business travel platforms and reducing the total number of licenses required to establish a hotel.

'A full-blown infrastructure status for the hotel sector and further rationalisation of the Goods and Services Tax (GST) and a Central single window clearance for hotel projects are some of the major expectations from the Budget 2024,' Roseate Hotels & Resorts CEO Kush Kapoor said in a statement.

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Hospitality, travel sector players want infrastructure status for hotel industry

Hospitality, travel sector players want infrastructure status for hotel industry
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Annual Digest of Consumer Cases 2023: Part-III

STATE CONSUMER DISPUTES REDRESSAL COMMISSION, MAHARASHTRA Handover Possession Of Flats Or Refund 22.6 Lakhs With Interest: Maharashtra State Commission Holds Someshwar Builders Liable For...

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Travel operators see uptick in enquiries for Lakshadweep

Travel operators see uptick in enquiries for Lakshadweep
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Leading Global Cruise Players Eager to Sail into Indian Waters

Leading Global Cruise Players Eager to Sail into Indian Waters
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Consumer Cases Monthly Round-Up: December 2023

National Consumer Disputes Redressal Commission (NCDRC) Delay In Construction And Delivery Of Flat, NCDRC Directs DK Reality To Refund Amount With Interest Case Title: Amresh Pednekar vs....

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Why domestic tailed international in 2023 air traffic growth

Indians increasingly opting for foreign trips on the back of improved connectivity and relaxed visa norms and a low base effect have contributed to the trend

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