Tax rebate should give wings to your travel goals

The latest talk of the town has been the interim budget and the tax rebate that the middle-class people will be benefiting from. And with this, industry players expect that this, in turn, will benefit the travel and tourism sector.
As per an expert, the interim budget looks promising for the travel industry, which is further complemented by tax rebate for the middle-class people. This means more saving will contribute to growth in the travel sector, as people will be more willing to invest in travel.

As per the latest news reports, the government has increased the funds for the tourism industry to INR 2189.22 crore for 2019-20. Also, an exemption in income tax will necessarily give a boost to disposable income, which is expected to trigger demand across consumer-focussed industries.
Highlighting the benefits of tax exemptions and how it can give a boost to the tourism sector, a top official from the travel sector said this interim budget will likely lead to more discretionary spends and travel can be one of the beneficiaries.
Referring to this new development, i.e., the interim budget and tax rebate, experts are also calculating and analysing how this change will go a long way in providing relief. As of now, this budget has received a hearty welcome from the middle-class and salaried class people.

As for the travel enthusiasts, this is the best time to plan a trip and budget, as the tide is in your favour now. Save more and travel more should be the new mantra.