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Impact of GST on Economy and Its Analysis

GST was implemented in India with the slogan and motive of “One nation one tax”, although this was the biggest reform in the Indian economy the impact of it was pretty much different on the various industries such as manufacturing, distribution, service providers etc. Let us throw some light on the impact on various industries. … Read moreImpact of GST on Economy and Its Analysis

Impact of GST on Hotel Industry

Impact-of-Gst-on-Hotels

Indian tourism and hospitality industry has justly been touted as one of the key drivers of the economy, given the rise of an ambitiously expanding middle class and increased disposable income of this population bracket. Currently, it accounts for 7.5 percent of the country’s GDP, with a promised growth of about 16.1 percent CAGR, sweeping … Read moreImpact of GST on Hotel Industry