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Showing posts with the label impact of budget 2018

Budget 2018: Tourism sector wants Jaitley to cut GST on sub-Rs 7,500 rooms

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GST should apply only to services rendered in India, and govt should also look at developing MICE clusters in and around key metro cities and tourist destinations, says Cox & Kings CEO Peter Kerkar BUDGET NEWS      :    The tourism enterprise is one of the key drivers of employment generation and inclusive increase in India. And, it can be made to be even greater critical as a zone of the financial system with some push from Finance Minister Arun Jaitley in the approaching price range 2018. in keeping with the tourism ministry, the tourism sector money owed for six.88 per cent of the u . s .’s overall gross home product (GDP), and 12.36 according to cent of the whole employment in phrases of jobs. consequently, it's miles imperative that the Narendra Modi-led critical government could take essential steps to nurture this enterprise. a good way to enhance home and inbound tourism, the government ought to reduce the products and servi...

Budget 2018: Start-up ecosystem should get a boost to revive investments

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Institutional investments in commercial real estate is expected to see an upsurge this year and shared workplaces will continue to grow with flexible leasing structures BUDGET NEWS      :    Diverse course-breaking tasks and policy reforms carried out in 2017 with the aid of the Narendra Modi -led primary authorities have already paved the manner for a new India by way of 2022. The 12 months 2018 has commenced on sturdy footing, with a tremendous momentum riding increase throughout one-of-a-kind sectors of the financial system, particularly since the execution dirt of demonetisation and items and services tax (GST) implementation has almost settled. Now, a few push in the right path by Finance Minister Arun Jaitley in the approaching Union budget 2018-19 will set the level for a sturdy commercial enterprise surroundings for start-americainside the key areas of the financial system like business real estate. In 2018, the retail area is pr...

Budget 2018: FM Arun Jaitley performs 'halwa ceremony' ahead of session

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The significance of this is the commencement of printing of documents related to the budget BUDGET NEWS   : ahead of the budget session of Parliament starting off on January 29, Finance Minister Arun Jaitley carried out the symbolic 'Halwa ceremony' on Saturday. The ceremony, which changed into accomplished at North Block right here, marks the inauguration of the formal printing of different documents regarding the Union finances for 2018-19. The 'halwa ceremony' is located to keep the secrecy of the finances coaching technique. As a part of the ritual, which has endured for long, 'halwa' is ready in a big 'kadhai' or wok and served to the complete group of workers inside the ministry. The significance of this is the graduation of printing of documents related to the price range. it's miles stated that officers from the ministry are required to live back on the printing press itself till the budget is supplied in Parliament, barri...