Travel Agents Association of India (TAAI) disappointed with Budget 2009
Mr Rajji Rai, President, Travel Agents Association of India (TAAI) "Budget 2009 is a major disappointment for the whole of travel industry. Despite repeated requests from various sections of the industry made to the Finance Minister, the industry has been ignored blatantly.
Tweet-- “Budget 2009 is a major disappointment for the whole of travel industry. Despite repeated requests from various sections of the industry made to the Finance Minister, the industry has been ignored blatantly. No area of industry – travel, tourism (inbound & outbound), hospitality has been given any exemptions or allocations in the Budget.
We hope that our recommendation for regularization of State Luxury Tax, abolition of Service Tax, revival of 80HHD of Income Tax Act, reduction of taxes on ATF (which directly impacts airfares), etc… will be reviewed once more and appropriate mechanisms will be put in place to implement the same.
Travel and tourism industry has been contributing major pie to the GDP of India and certain assertive measures are needed for the growth in this industry which is currently reeling under global recession.
Notes to Editor
About Travel Agents Association of India (TAAI):
The Travel Agents Association of India (TAAI) was formed towards the end of the year 1951 by a group of twelve leading Travel agents, who felt the need to create an association to regulate the Travel industry in India. The primary purpose was to protect the interests of those engaged in the industry, to promote its orderly growth and development and to safeguard the rights of the traveling public. TAAI represents all that is professional, ethical and dynamic in our nation's Travel related activity and has been recognized as the voice of the Travel and Tourism industry in India.