Government needs to rethink on taxes: FAITH

The 28 per cent tax on hotels is going to affect not only the hotel industry, but other businesses as well, said Sarab Jit Singh, Vice-Chairman, FAITH. He added, “It is a clear way to kill the travel and hospitality industry. Secondly, GST of 5 per cent on tour operators, which was already there. However, the government should look at if they want to promote tourism or their purpose is to earn tax money from tourism instead of generating employment and earn foreign exchange from this sector. They should decide if they want the tourism industry to perish or flourish. We are tired of knee-jerk reactions that we get from the government now and then. I think the government needs to rethink the decisions on taxes. We are having a meeting with FAITH and work on a consolidated approach to talk to the government on this.”