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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

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Energy conservation must to save earth from destruction: Jai Ram Thakur

15 Nov 2018 | 8:47 PM

Shimla, Nov 15 (UNI) Expressing concern over fast-depleting natural resources, Chief Minister Jai Ram Thakur on Thursday said that energy conservation plays a pivotal role as ithout it the world would deplete its natural resources and the humanity would have to depend on alternative energy resources, which comes at the cost of creating an enormous destructive waste products causing adverse impact on mother earth.

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Sensex recovers by 118 55 pts on firm Asian cues amidst softening crude oil prices

Sensex recovers by 118 55 pts on firm Asian cues amidst softening crude oil prices

15 Nov 2018 | 8:46 PM

Mumbai, Nov 15 (UNI) The benchmark index of Bombay Stock Exchange (BSE) rebounded on Thursday by 118.

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15 Nov 2018 | 8:42 PM

Major gainers were Adani Ports & SEZ, Kotak Mahindra Bank, Hero MotoCorp, Axis Bank and Vedanta, rising by up to 4.

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Telecom: 20 lakh BTSs and 5 lakh mobile towers installed

15 Nov 2018 | 7:33 PM

New Delhi, Nov 15 (UNI) The telecom industry has installed five lakh mobile towers, taking the total BTS (base transceiver station) count to over 20 lakh, a statement here said.

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Infosys appoints Jayesh Sangharika as interim CFO

15 Nov 2018 | 7:27 PM

Bengaluru, Nov 15 (UNI) IT major Infosys Board of Directors have approved appointment of Mr Jayesh Sanghrajka as the interim Chief Financial Officer (CFO) with effect from November 17, 2018.

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