IATO writes letter to PM requesting for incentives to restore tourism industry

IATO President Rajiv Mehra has written to the Prime Minister requesting him to restore the Service Export Incentive Scheme (SEIS). As an alternative to this, IATO suggested the introduction of a scheme in the new Foreign Trade Policy, as the inbound tourism sector is still suffering and needs hand holding by the government. Additionally, the association seeks roll back of TCS of 20% to 5% on Overseas Tour Packages announced in the Union Budget.