Hospitality Sector Urges Budget 2026 for Growth, Investment, and Policy Support

• The hospitality sector seeks a budget sensitive to its unique features, focusing on demand, investment, and long-term growth.
• Key expectations include supportive tax incentives for capital-intensive projects with long gestation periods, improving viability and encouraging investment.
• A central facilitation mechanism is needed to streamline regulatory approvals, reducing execution timelines and development risks.
• Viability Gap Funding (VGF) is crucial for emerging leisure destinations like Andaman and Nicobar, Lakshadweep, and Northeastern states to unlock investment.
• The sector also calls for GST rationalization, treating services to foreign nationals as deemed exports, and support for skilling and sustainable development.

Why It Matters: Hospitality seeks Budget 2026 support through tax incentives, regulatory reforms, VGF, and GST rationalization.