Revive tourism industry with incentives
Best Inbound Tour Operator — Clubside Tours and Travels
According to Suresh Periwal, Managing Director, Clubside Tours and Travels, one of the most important reforms, to be implemented this year is GST. Periwal says, “The tourism industry had not recovered from the recession in Europe when demonetisation hit us. This move has had a huge impact on the outbound and domestic travel market. Any increase in the taxes applicable post GST will be a further deterrent for tourists to travel.” He cites this as a vital reason for the government to consider the tax slabs reasonably under GST. “It is important that the Union Budget introduces incentives which will help to revive the industry from the setbacks we have seen,” he adds.