Tag: The Association of Domestic Tour Operators of India

ADTOI urges govt to help tourism sector tide over cash crunch

The Association of Domestic Tour Operators of India (ADTOI) has urged the central government to take steps that will help the tourism industry to tide over its cash crunch, in the light of the coronavirus outbreak. In a meeting with the tourism ministry, a 10 member multi-association team discussed a series of steps that could revive the sector. The ADTOI team requested the ministry to provide a complete GST tax holiday for the travel and hospitality industry for the next 12 months. It has called for a 6-9 months’ moratorium on all principal and interest payments on loans and overdrafts. ... Read more