ITCM
Top
Back


  News <Airlines >  <Appointments >  <Bloggers Section >  <Destinations >  <Domestic >  <General >  <Hotels >  <Industry News >  <International >  <Travel Trades > 
 

 

Travel Deals
Quick Web Launch
Classifieds
Career
Destinations
Pic-y bank
Quirkiest World
Gour Kanjilal's Article
Previous Edition
Words Back
   




 
General
Tourism Industry unhappy on the union budget

Gour Kanjilal

Budget proves to be a dry affair for tourism with no incentives, said Mr. Subhash Goyal, President of Indian Association of Tour Operators (IATO) after the budget was announced in the Parliament on 16th March 2012.

“As government was showing seriousness about tourism prospects in the country mainly for its contribution to National Exchequer and job opportunities even at remotest places where no other industries can reach, we were very optimistic that tourism will get due recognition in this year’s  budget. We had accordingly submitted our wish list to the Ministry of Finance through Ministry of Tourism.  Our main recommendation was to accord tourism Export Industry Status with benefits that are given to export oriented industries also be made available to tourism industry. This will help to get rid of Service Tax which is making India Holiday package cost prohibitive and in-competitive as compared to Thailand, China, and Malaysia etc. Because of multiple taxes which entail Double Taxation tour operators can’t match the price which the competitive countries are offering. We strongly needed this special consideration for the poor run of the Indian tourism industry which it had since last three financial years due to global economic downturn in the major traffic generating markets which contribute maximum tourists round the year”, said Mr. Subhash Goyal.

Mr. Subhash Goyal criticized the increase in service tax to 12% from 10% which will negatively impact the tourism industry as the package costs will go up due to tax on all components of tourism i.e. air rail ticket, hotel booking, transport etc. and will be detrimental to tourism.

Mr. Subhash Goyal also added, “Euro zone crises and exchange rate of US$ reaching Rs. 50.00, the packages costs do not help tour operators to keep any margin. We can’t make our packages costly, we may lose even regular business. We pleaded for withdrawal of Service Tax to boost tourism growth but are shocked to see that more areas have been included for service tax which has bearing on tourism”.

“It is unfortunate, that tourism is always taxed. How much can you tax one industry year after year which is already burdened with taxes – Luxury Tax, Service Tax, Value Added Tax, Tax on Tax – It is always seen as cash cow rather than encouraging the industry to grow, time and again tourism is first to be taxed. Contribution of tourism sector toward country’s GDP (which is more than 6%) and more than 9% to the employment is always ignored. It is the time, the decision makers show commitment toward tourism as major force for country’s economic growth”, echoed Mr. Subhash Goyal.

However, Mr. Subhash Goyal welcomed the proposal to allow direct import of Aviation Turbine Fuel permitted for Indian carriers as actual users as this may bring down the domestic airfare.  

 



General News

RCI heads west, partners with Palm Greens Club, Ahmedabad
KAYAK reveals the next 10 destinations to visit before the masses
Extend the holiday feeling with the ONYX Flash Sale!
Kerala Tourism Bags PATA Gold Awards 2017
Mauritius Tourism conducted Roadshow in India
Macao SAR welcomes Delegates to PATA Travel Mart 2017
Carlson Rezidor Appoints Katerina Giannouka as President of Asia Pacific
Korean Sale FESTA 2017
Thomas Cook India eyes strong growth potential of North India
Czech Republic Tourism Board Opens its Office in India
World’s oldest and largest toy shop, Hamleys, opens its second outlet at CSIA
Thailand launches “Amazing Thailand Tourism Year 2018”
Ashish Kashyap resign the post of Co-Founder & President at MakeMyTrip
In May 2017, 30% Indian traveler blooming overnight in Germany
Singapore Tourism Board launch “Passion Made Possible” Brand for Singapore
Samui Festival 2017, Thailand
Tourism Authority of Thailand launch “Visit Thailand” WeChat application
Thai holds “Thai Shares the Love with Thai Veterans” Activity
Thailand Health and Wellness Tourism Showcase 2017 promotes Kingdoms Holistic Paradise
FCM Travel Solutions’ New Platinum Sponsor to 2017’s CTW Asia-Pacific (Bangkok)
H.I.S. Japan became Investor and Strategic Partner for GoFro
Holland hosted “Holland Sales Mission”
10th Edition of Grand Prix Season Singapore promises to Excite at Every Turn
Mark Sutch appointed as Regional General Manager for South Asia, Middle East and Africa
Minister Kadakampally Surendran inaugurates Responsible Tourism Mission and Festive packages
Pune Underwater Festival 2.0
Bali is 1st priority of Newlywed Couple in India
World Tourism Day
Dusit Thani Hua Hin Welcomes TCEB IMFT
SOTC launches Spiritual Darshan
MakeMyTrip to employ the Travelport
IITM launches Start-up Pavilion
Sanya Tourism Promotional and Marketing Event
Ras Al Khaimah International Airport Climbs To Greater Height
Israel Ministry of Tourism eye on India’s Outbound
PATA Global Insight Conference 2017
Smart Watch Wear App launch by Yatra.com
Tourism Australia hostied ITM 2017 in Pune
Norwegian Cruise Line Unveils Features for Norwegian Bliss
Growth of Foreign Tourist in July 2017
AquaTrek by Night launched by Atlantis, The Palm
Maharashtra Tourism Development Corporation launched new Logo
New Rules to Ease Passport Application Process 2017
Chaliyar River Challenge 2017
Update on Changes in Passport Office Location
Nashik Travel Mart 2017
Udbodhani - Sharodutsav Tour 2017
SOTC Travel conferred the 2017 Today’s Traveler Award
100,000 Indians Occurrence in Spain
New Flight Reinforce Thailand Status as a Global Aviation Hub
2016 ICCA Rankings Accentuates Thailand’s Prominence as World-Class MICE Destination
New Tourism Policy with emphasis on Adventure Tourism
Traverse the Arts off the Beaten Track with OZO Wesley Hong Kong
New Team of TAFI
Air Guru Travels to present Badung Tourism Promotion Board in India
Luxury Bürgenstock resort to enhance GCC visitors to Switzerland
Thailand TUK TUK attain big at Hungarian Formula 1
Madrid Golfing Destination in Spain
This summer live Luxury Villa at Mandarin Oriental
ICRA - Domestic Passenger traffic grows by 20% in June 2017
New Team at TAAI Western Region
Boeing Demand New Airplanes for India
Edgard Kagan joined as U.S Consul General in Mumbai
Ms Gloria Guevara Manzo appointed as New President of WTTC
Sun Siyam Resort won award of World Luxury Spa & Restaurant
Air Asia Connects Bangkok with Jaipur & Tiruchirappalli
Campaigning Women’s Journey in Thailand
Explore the Shutter Service of Taiwan
Madhya Pradesh Travel Mart 2017
Bengaluru to Host 99th Edition of “Indian International Travel Mart”
Singapore Tourism held a Road Show in 6 cities of India
Czech Republic commences visa application for residents in Gurugram
Indian Arrivals to the Philippines grows up to 37%
MATATO appoints Think Strawberries as its PR and Representative
Ozone Pharma brings you some must take in your Travel Medical Kit
Hotels.com reveals the 2017 India Edition of the Monsoon Travel Hotlist
TrawellTag Cover - More Conducts TAEP In Jaipur
Inaugural Business Transformation Series To Boost Travel Agent Capabilities
Hotels.com Sums Up The Perfect Hotel Stay
Buyforexonline Launches A Revolutionary New B2B Forex Platform
Foreigners Visiting India For Medical Treatment
Safety & Security High On Tourism & Hospitality Industry Agenda
Makemytrip Report: Summer Travel 2017 Sees 39% Growth
Summer Survey 2017 By Yatra.Com
SKAL’s AGM to be held in Novotel Kolkata
Changing Tracks- Five Make-Or-Break Factors To Unlock Rail Travel In Asia Pacific
New Vikalp Scheme Enables Waitlisted Passengers To Get Confirmed Accommodation
Cox And Kings Bags Twin Honours For Excellence In Outbound Tour Operations
Budget Reaction Quotes - Travel Experts- TIRUN, Travelyaari And Travkart.com
FAITH Flash Analysis - Union Budget 2017-18
STB Begins Hands In Partnership Trade Shows
RCI India Expresses Budget Reaction For Travel And Tourism Stories
Running On Waves - A New Way To Cruise
Discover & Book Cleartrip Local Experiences During Your Uber Ride
Ambassador Verma's Farewell Meeting With Prime Minister Modi
Maharashtra Emerges As The Largest Source Market For Tourism Australia
WTTC Launches International Year Of Sustainable Tourism For Development
BLS International Riding The Wave Of Success With Increasing Global Presence
V. M. Salgaocar Institute Signs MOU With Turismo de Portugal
Ministry Of Tourism Launches Instaguide Mobile App
Yatra.Com To Introduce UPI On Its Website
VFS Global Launches Czech Republic Visa Application Centre In Ahmedabad
Roadhouse Hostels Opens Fifth Property In Arambol
Announcement Of New Passport Rules
Global Tourism Council Goes Live
IITM 2017 Calendar Of Travel Events
Overview Of Tourism, Hospitality And Aviation 2016 And Outlook For 2017
O2 Spa’s Acquisition With Zazen Spa Continues Its Expansion Drive
TravelNevada Establishes New Travel Industry Award
Yatra’s Survey Shows Rise In Plastic Money Over Cash After Demonetization
Yatra.Com Launches Travel Industry’s First ‘Voice Search’ Feature
DJUBO The First Integration Partners With Stayzilla
Ministerial Intervention Sought To Augment International Connectivity Of Calicut Airport
Charson Advisory Awarded At ITCTA In Jammu
Growth In Foreign Tourist Arrivals In October 2016
Ranveer Singh Takes On The Mantle Of Brand Ambassador For Switzerland
Foreign Tourist Arrivals records 13.4% growth in Sept 2016
Minister Of Railways Modifies Senior Citizens Concession Rules
THAI Welcomes Miss World Australia 2016
National Tourism Awards 2014-15
Be a Superstar while traveling with GoIbibo.com
TAFCON
Rail Europe to conduct training programs for agents in October
Ireland is steadily emerging as a preferred location for Bollywood movie makers
67% of Indian Travelers find Airports most stressful factor
TTG Events and Outbound Tour Operators Association of India (OTOAI) Forge Partnership for IT&CM 2012
Platinum Adventure Sports Experience - Lonavala
Tourism Industry unhappy on the union budget
‘Travel and Learn’ with Thomas Cook India
Neral - Matheran Mini Train Gets New Coaches with 3D view
Targus launches 360 degrees case for iPad 2
Tiger - Let tourists carry lasting memories


| Home | News | Events | Travel Directory | Contact Us | About Us |
Site Developed By DreamSoft IT Solutions Pvt. Ltd. Copyright © 2009 SAFARI PLUS. Site lasted update on : 23-Sep-2017