Sunday, Sep 25 2022 | Time 12:12 Hrs(IST)
image
Business Economy


FHRAI delegation demands uniform GST at 12pc for Hospitality Industry

FHRAI delegation demands uniform GST at 12pc for Hospitality Industry

New Delhi, Jun 1 (UNI) A delegation of The Federation of Hotels Restaurants Association of India (FHRAI), India’s apex body for Hotels & Restaurants, presented a representation to Union Finance Ministry officials on Wednesday, demanding uniform GST rates for Hospitality Industry. Highlighting that the proposal of 28 per cent GST slab will adversely impact the hospitality and tourism industry, the delegation requested the Government to relook at the present proposal and advocated a uniform Hospitality GST at 12 per cent across the country. The delegation further requested the Government to relook at the Luxury Tax limit of Rs. 5000/- and enhance it suitably as is followed in most of the countries. The World-over since, Rs. 5,000/- (USD 75) cannot be considered Luxury today. The service tax proposal under the new GST regime has been set at 28 per cent for Hotel tariffs above Rs. 5,000. “Federation of Hotels & Restaurant Association of India” (FHRAI) is the apex body of the Indian hospitality industry representing hotels, restaurants and associates, spanning the length and breadth of our vast country. UNI ADP SHK 2005

More News
NITES writes to Union Labour Min, seeks action against Wipro

NITES writes to Union Labour Min, seeks action against Wipro

24 Sep 2022 | 6:19 PM

Bengaluru, Sept 24 (UNI) The Nascent Information Technology Employees Senate (NITES) on Saturday sought the prompt intervention of Minister of State for Labour and Employment Bhupendra Yadav to take necessary action against Wipro which has been postponing the joining date of its more than 2000 students/employees, despite their compliance with its assessment guidelines.

see more..

Kottayam-Kochi Rubber Market Rates

24 Sep 2022 | 4:32 PM

Kottayam, Sep 24 (UNI) Following were the Rubber Market rates announced by the Rubber Board here Saturday per quintal.

see more..

BPCL signs MoU with Petrobras to diversify crude oil sourcing

24 Sep 2022 | 4:24 PM

Mumbai, Sep 24 (UNI) Bharat Petroleum Corporation Limited (BPCL) on Saturday signed a Memorandum of Understanding (MoU) with Petrobras, the national oil company of Brazil.

see more..

India stalled during end of Manmohan govt: NRN

24 Sep 2022 | 3:27 PM

Ahmedabad, Sept 24 (UNI) Infosys co-founder Narayana Murthy has said that during the final years of Manmohan Singh's government, the Indian growth story somehow stalled as decisions were not taken quickly.

see more..

Meesho creates new record on day 1

24 Sep 2022 | 3:01 PM

Bengaluru, Sep 24 (UNI) Meesho, India’s fastest growing Internet commerce company, clocked a record of around 87.6 lakh orders on the first day of its flagship festive sale event — the Meesho Mega Blockbuster Sale, with consumers flocking to the platform for a range of products.

see more..
image