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Indian Hotels MD flags high taxes for hospitality sector
Financial Express Chennai
|May 31, 2025
INDIA HOLDS IMMENSE potential to attract foreign tourists, but it is lagging severely, Indian Hotels Company Limited MD and CEO Puneet Chhatwal said on Friday, asserting that high tax rates were a key impediment in creating global brands for the country's hospitality sector.
He also sought an "additional push" while referring to the "infrastructure" status accorded to 50 tourist destinations in this year's Budget and reiterated the long-standing demand for an "industry" status.
Bu hikaye Financial Express Chennai dergisinin May 31, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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Financial Express Chennai'den DAHA FAZLA HİKAYE
Financial Express Chennai
Unsold homes rise 4% in 2025
UNSOLD HOUSING UNITS rose 4% to nearly 577,000 units last year across 7 major cities as supply of new homes exceeded demand, according to Anarock.
1 min
January 05, 2026
Financial Express Chennai
'Tax hike raises tobacco smuggling risk'
AN UNPRECEDENTED TAX hike, coupled with a new excise duty structure on tobacco, could lead to a surge in illicit trade of cigarettes and result in significant tax revenue losses for the country, experts said.
1 min
January 05, 2026
Financial Express Chennai
Govt likely to introduce Seed Bill in Budget session
TO ENSURE QUALITY and traceability while curbing spurious sales, the government is likely to introduce the Seed Bill in Parliament in the forthcoming budget session, an agriculture ministry official said on Sunday.
1 min
January 05, 2026
Financial Express Chennai
'Expect top line to grow 70-80% in FY26'
After a year spent regaining momentum following a regulatory freeze, Cashfree Payments is starting to see payoffs from investments it made earlier, particularly in cross-border payments.
1 mins
January 05, 2026
Financial Express Chennai
Romance, mediated by AI
THE RESPONSES CAME quick, but polished.
2 mins
January 05, 2026
Financial Express Chennai
Maduro sits in US custody, loyalists defiant
VENEZUELA'S TOPPLED LEADER Nicolas Maduro was in a New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the US would take control of the oil-producing nation.
1 mins
January 05, 2026
Financial Express Chennai
OPEC+ keeps output steady
OPEC+ KEPT OIL output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members.
1 min
January 05, 2026
Financial Express Chennai
Without reforms, 2026 could be another damp squib for equities
GLOBAL HEADWINDS
2 mins
January 05, 2026
Financial Express Chennai
IT results may underline resilience, not recovery
LARGE-CAP DOMESTIC
1 min
January 05, 2026
Financial Express Chennai
India Inc ...
AT TATA SONS, Chairman N Chandrasekaran in his New Year message to employees, reiterated the group's focus on adopting AI across functions to improve execution, signalling that AI is now viewed as an enterprise-wide lever rather than an experimental tool.
1 min
January 05, 2026
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