With the objective of building a talent base for the Industry, here are our recommendations:

- 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.

Source: Moneycontrol.com, India,  dated 28/02/2012