Tag: GST Impact

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Updated on April 20th, 2019 in GST

Impact of GST on Hotel Industry

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…

Impact of GST on Hotels