What after SEIS denial?

June 2023 - Biggest setback
Calling it one of the biggest set-backs for the industry, Jatinder Taneja, Vice Chairman, PATA India Chapter, says that the incentive has not been reinstated so far. “SEIS or similar incentive schemes have been going on to support inbound tourism for the last many years in the form of EPCG, SFIS and SEIS forms. This incentive has been helping the industry immensely to stay competitive in the international market and generate better business and earn much more foreign exchange for the country. In the absence of any incentive scheme, the product in India will become more expensive and inbound business would surely suffer,” he adds.