Budget 2024 LIVE updates: Tourism likely to contribute $250 billion to GDP by 2030, says report
Budget 2024 LIVE updates: By 2030, tourism to generate 13.7 crore jobs, says IBEF report
As per an IBEF report, tourism is projected to contribute $250 billion to the GDP by 2030, generating employment for 137 million (13.7 crore).
Accordingly, the sector expects announcements with regars to the following in the upcoming budget: streamlining TCS, removal of TDS, tax reduction, GST input credit, infrastructural focus, and inbound tourism.
Atul Tiwari is a seasoned journalist at Mumbai Times, specializing in city news, culture, and human-interest stories. With a knack for uncovering compelling narratives, Atul brings Mumbai’s vibrant spirit to life through his writing.
