“The status of the hospitality industry will boost tourism” HR contributor, January 30, 2021, 8:03 PM ist updated: 30 January 2021, 20:32 ist By Pavitra Shankar Rising input costs have been a concern for the real estate sector. For one thing, cement, which is a vital raw material, currently attracts 28% GST, which is the […]
The developers are also seeking more funding for the sector under SWAMIH so that blocked projects can be completed as a priority. Indian Union Budget 2021-22: As the 2021 Union budget quickly approaches, the government is expected to do its best to help revive the sectors and industries that have been hit hard by the […]
The growth of the real estate sector has its links and its impact on multiple sectors and therefore justifies an integrated approach for a holistic and sustainable development. Image courtesy of McKay Savage / Wikimedia Commons The Reserve Bank of India (RBI) ‘s upward revision of growth forecast to -7.5% for fiscal year 2020-21 reinforces […]
Budget 2021 Expectations for the hospitality industry: GST rates for hotels and restaurants to be drastically reduced for 2021-2022. Indian Union Budget 2021-22: Without the pandemic, the country’s travel and hospitality industry would have had a stellar year in 2020. Without a doubt, the travel and hospitality industry has been among most affected once the […]
Iraqi Minister of Industry and Minerals Manhal Aziz (2nd from right) visits the “Made in Iraq” exhibition in Baghdad, Iraq, January 19, 2021. (Xinhua) BAGHDAD, Jan. 20 (Xinhua) – Iraqi industry is struggling to reappear in local markets despite the challenges of the country’s economic crisis and the devastation of its main industrial infrastructure constructions. […]
Calcutta: A leading hotel organization has urged the West Bengal government to grant industry status to the sector which has been hit hard due to the pandemic. An industry status will benefit hotels statewide to get cheaper electricity and water rates, lower property taxes and licensing fees, the Hotel Association of India (HAI ) in […]