Tag Archives: new incentives

Govt Unveils Package for Promotion of Digital and Cashless Economy

To further accelerate the cashless economy, in the aftermath of the cancellation of the legal tender character of old Rs.500 and Rs.1,000 notes,  the Central Government has decided on a package of incentives and measures for promotion of digital and cashless economy in the country.  These incentives/measures are following:  The Central Government Petroleum PSUs shall give incentive by offering a ...

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Budget Push to Tourism an Eye-wash, says Hospitality Industry

For the first time in recent history, the government has announced tourism as one of its four pillars for growth, raising the hopes of Indian hospitality sector. But the new provisions in Budget 2014, however, dampened their spirit as they resemble mostly those in previous years. “The government failed to give hospitality any notable relief and stimulus for growth,” said JLL honcho Arun Chitnis. “Despite its ...

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