Hospitality Sector Demands Infrastructure Status, Tax Reforms in Union Budget 2026
Budget
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CNBC TV18•12-01-2026, 18:25
Hospitality Sector Demands Infrastructure Status, Tax Reforms in Union Budget 2026
- •Hospitality leaders urge infrastructure status for long-term financing, capital efficiency, and accelerated development beyond metros.
- •Key demands include GST rationalisation, restoration of input tax credit, and targeted incentives to improve affordability and competitiveness.
- •The sector, contributing 7-8% to India's GDP and creating 46.5 million jobs, seeks broader recognition beyond select destinations.
- •Calls for simplified approvals, higher depreciation for hotel assets, and support for skill development and sustainable operations.
- •Industry leaders emphasize the need for Centre-state coordination and focused budgetary support for tourism infrastructure and green projects.
Why It Matters: The hospitality industry seeks infrastructure status, GST rationalisation, and policy support in Budget 2026 for sustainable growth.
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