Monument mitras are picked through a ‘vision bidding’ process in which those with the best plan for the heritage sites are chosen.
The 6% tax in the form of an equalisation levy was introduced in June 2016 on the amount paid to internet companies by advertisers in India and was expected to drive up advertising costs.
Reliance Brands reached out to Raghavendra Rathore, Rajesh Pratap Singh among other designers to explore the possibility of investing in their businesse
In the absence of input credit for expenses such as rent and other capital costs that attract GST of 18% to 28%, opening a new outlet has become substantially more expensive.
India Hospitality Report 2017 said last year turned out to be slightly better than 2016, with 173 hotel agreements signed compared with 170 deals a year earlier.
Samena Capital has taken a 35% stake in Bloom Hotels for Rs 100 crore valuing the company at Rs 330 crore in a series B investment round.
Although the curbs were subsequently modified to exempt places that served liquor, restaurateurs now say their businesses are getting hit by new excise policy and licence norms.
It will expand its efforts to economically empower communities, drive travel to lesser-known places, and support environmentally-friendly travel habits with the Office of Healthy Tourism.
The amount of the default in interest of payments as of March 31 is totalling Rs 10.15 crore.
The proposed hotel is situated within walking distance of the Grand Mosque (Masjid Al-Haram), the attraction for over 6 million pilgrims who visit the city each year.
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