Explain the economic impact of tourism and hospitality on a destination area
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Tourism also contributes to the economy as tax revenue. In India for the tourism promotion, we are giving tax concession to a lot of related industries. It accounts for 1.15 per cent of the total tax revenue. ... the increase or decrease of taxation also depends upon the impact of tourism activity on a destination.
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Tourism also contributes to the economy as tax revenue. In India for the tourism promotion, we are giving tax concession to a lot of related industries. It accounts for 1.15 per cent of the total tax revenue. ... the increase or decrease of taxation also depends upon the impact of tourism activity on a destination.
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