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GST: 40% travel, tourism firm staring at complete shutdown risk in next 3-6 months....

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My Dear readers, followers, taxpayers & clients,   Welcome to my blog. Get yourself update with changes in tax structures.  GST: 40% travel, tourism firm staring at complete shutdown risk in next 3-6 months....         Around 40 percent of companies operating in the travel and tourism sector is staring at the risk of complete shutdown over the next 3 to 6 months, says a report, even as the domestic flights resume operations after over 2-month suspension due to lockdown. Also, nearly 36 percent of such companies are likely to witness a temporary shutdown,   according to the report by BOTT Travel Sentiment Tracker in partnership with seven national associations like IATO, TAAI, ICPB, ADTOI, OTOAI, ATOAI, and SITE.         The report said that 81 percent of travel and tourism companies have lost their revenue up to 100 percent while 15 percent of the companies have witnessed it slide up to 75 percent. The BOTT Travel Sentiment Tracker survey was done online with over