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FM announces simpler tax regime for foreign cruise operators in India

FM announces simpler tax regime for foreign cruise operators in India

In a significant push towards strengthening India's maritime economy, Finance Minister Nirmala Sitharaman announced key initiatives in the Union Budget aimed at revitalising the country's shipbuilding and shipping sectors. The reforms are expected to unlock

Ministry
Tourism gets boost with INR 2,080cr for infrastructure development in Budget outlay

Tourism gets boost with INR 2,080cr for infrastructure development in Budget outlay

The Union Budget 2024-25 has allocated INR 2,080 crore for tourism infrastructure development, a significant increase from the revised outlay of INR 1,294 crore in 2023-24. The tourism sector has also received a 3.3% higher

Ministry
FM lays emphasis on developing religious sites in Budget speech

FM lays emphasis on developing religious sites in Budget speech

The Union Budget announced by Nirmala Sitharaman saw major thrust on developing newer destinations and circuits, while continuing to innovate. Development of temples and sites of relgious importance formed the cortnerstone of her speech for

Ministry
Mizoram’s Aizawl to be fourth state capital in NE to be connected by rail link

Mizoram’s Aizawl to be fourth state capital in NE to be connected by rail link

Mizoram’s Aizawl would be the fourth capital city in the northeast region to come under railway connectivity by July next year as the Northeast Frontier Railway (NFR) is laying the new Broad Gauge (BG) track

Ministry
Need to seize job opportunities created by tourism sector, says Economic Survey

Need to seize job opportunities created by tourism sector, says Economic Survey

India needs to seize the opportunity provided by the tourism sector that represents a relatively low-hanging fruit for job creation amid a challenging environment in services and manufacturing industries due to the rise of AI,

Ministry
FTAs to India surge by 43% in 2023: Economic Survey

FTAs to India surge by 43% in 2023: Economic Survey

The Indian tourism sector experienced a remarkable resurgence in 2023, with Foreign Travel Arrivals (FTAs) soaring by 43% compared to the previous year, as highlighted in the Economic Survey 2023-24. The survey revealed that over

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