Need to accord infrastructure status to hotel industry: Study | indiatimes.com

Industry chamber FICCI has called for granting infrastructure status to the hotel industry aimed at boosting investments in the sector. "Granting infrastructure status to the hotel industry will encourage re-investments in the hospitality sector," according to a FICCI-Evalueserve study. The hospitality industry has been demanding infrastructure status, besides being exempted from paying tax on foreign exchange earnings and tax holidays for new...