With the objective of building a talent base for the Industry, here are our
- Abolish service tax on travel educational
courses: Given the importance of education and training, especially in a service
sector like Travel & Tourism, we would appreciate a removal of service tax on
educational courses that we offer. At 10.33% this is a heavy surcharge,
resulting in higher cost for students interested in joining this sector.
- For driving talent management in organizations,
make ESOPs attractive by favourable taxation. We would recommend reduction or
elimination of taxation at the time of exercise.
Moneycontrol.com, India, dated