Quotes for the Union Budget Reaction from Mr. Ravi Goel , Co-founder and Director of Ecomantra
“Finance Minister P. Chidambaram has maintained the status quo from the tourism point of view. Double taxation still exists. We pay luxury tax + sales tax + service tax and the GOI tax is on an average 50% to 200% higher than the actual owners net profit, making tourism in India an expensive product. This …