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EY-FICCI report urges 9% GST reduction for premium stays to boost India’s global competitiveness

EY-FICCI report urges 9% GST reduction for premium stays to boost India’s global competitiveness

Ernst & Young LLP (EY India), in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), in its latest report “Reimagining Inbound Tourism in India: Trends, Technology & Transformational Opportunities – Towards Incredible India 4.0,” has proposed a revised Goods and Services Tax (GST) structure for hotel accommodations, recommending a reduction in the higher...