The Indian hospitality sector has reached an exciting point on the investment graph with the government allowing not only 100 per cent FDI in the sector but also extending tax holidays, albeit to certain categories in particular regions. By Gayatri Vijaykumar
According to the India Hotel Review conducted by Knight Frank India, with the Commonwealth Games to be held in New Delhi in 2010, the Delhi NCR is expected to witness an inflow of around 0.8 million international tourists and 3.6 million domestic tourists. In view of this, the government has offered a five-year tax holiday for new two, three and four-star hotels and convention centers in Delhi NCR.
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