Union Budget: A binocular view of travel industry's Budget expectations for Viksit Bharat
Budget 2024: As the budget session approaches under Modi 3.0, anticipation is high in the travel and tourism sector. Expectations focus on enhancing infrastructure, improving connectivity, and boosting travel experiences. Granting infrastructure status and policy regularisation can unlock funding, while rationalising GST rates can make travel more affordable. Financial incentives and tax modifications could stimulate domestic tourism. The upcoming budget is poised to propel the industry towards inclusive growth and global competitiveness.