Budget 2024 needs to offer travel & tourism policy reforms for India's next big destination
Union Budget 2024: Despite India's rich cultural heritage, it ranks low in global visitor numbers. The Budget must address low hotel supply, reduce GST rates, and ease travel industry regulations to boost tourism. Providing tax incentives for eco-friendly practices, rectifying disparities in OTAs, and encouraging CSR investments for tourist site development are essential. Empowering India's tourism sector through Budget 2024 will fortify its global position and foster inclusive growth.
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