Budget 2018: Finance ministry planning tax cuts to boost tourism, travel


India is planning to cut taxes on travel and tourism in next month’s union budget and give more incentives to the $210 billion sector, government sources said, hoping to boost economic growth and create more jobs.


India’s tourism sector grew over 10% in the six months ending September, compared to near 8% in the year-ago period. According to an industry report, tourism employs 40 million people in India and could add 10 million jobs in a decade.



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