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Rakesh Pipalwa

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Impact of GST Rate Cut on Hotel and Tourism Industry in India

July 12, 2023 15519 Views 2 comments Print

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.

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