"Hello, I'm Rakesh Pipalwa, a post-graduate working as a senior accountant at Opentap Hospitality Pvt Ltd in Gurgaon. With a passion for taxes and a desire to help others, I aim to contribute my knowledge and expertise"
Goods and Services Tax (GST) is a crucial indirect tax system in India that affects various industries, including the hotel and tourism sector. A reduction in GST rates can have a significant impact on this industry, influencing customer affordability, domestic and international competitiveness, investment opportunities, job creation, and overall economic growth. In this article, we will explore the implications of a GST rate cut on the hotel and tourism industry in India.
