The Hotel and Restaurant Association (Western India) is a 72-year-old organisation that represents hotels and eateries in that region. “The large increase in TCS rates from 5 per cent to 20 per cent and the subsequent inclusion of foreign credit card payments in the Liberalised Remittance Scheme (LRS) coincides with a noticeable surge in Indian citizens’ expenditure on international travel.
From a larger standpoint, it is problematic to impose taxes that discourage spending overseas because the tourist sector depends on both domestic and international travel. Although this action could increase domestic travel demand, thousands of outbound tourists may suffer as a result. Pradeep Shetty, vice president of the Federation of Hotel & Restaurant Associations of India (FHRAI) and president of the Hotel and Restaurant Association of Western India (HRAWI), claims that it also sends a negative message to the international community, which may have an influence on our business, which is primarily dependent on inbound tourism.
The Hotel and Restaurant Association (Western India) is a 72-year-old organisation that represents hotels and eateries in that region. Hotels and restaurants in the 5-Star Deluxe category are among its members. HRAWI is regarded as the voice of the hospitality industry in Western India and has members in Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Goa, and the Union Territories of Dadra and Nagar Haveli and Daman and Diu. The organisation is a component of the Federation of the Hotels & Restaurants Associations of India (FHRAI), a national organisation headquartered in New Delhi but originally established in Mumbai in 1950 by the late J.R.D. Tata.
