HotelTechie

GST cut on hotel tariffs Diwali gift for tourism sector: Tourism minister Prahlad Patel

The GST Council on September 20 slashed the tax on hotel tariffs and some goods with a view to addressing sectoral concerns in a slowing economy

24 Sep 2019 | By Traveltechie Bureau | New Delhi
GST cut on hotel tariffs Diwali gift for tourism sector: Tourism minister Prahlad Patel

The slashing of GST rates on hotel tariffs and the reduction in corporate taxes is the government's Diwali gift for the tourism sector, Minister of Tourism Prahlad Patel said on September 23.

The GST Council on September 20 slashed the tax on hotel tariffs and some goods with a view to addressing sectoral concerns in a slowing economy.

The tax changes came on the heels of the reduction in corporate tax rates to boost private investments.

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