scholarly journals A STUDY ON IMPACT OF GST ON HOTEL INDUSTRY WITH REFERENCE TO AHMEDABAD CITY

2020 ◽  
Vol 3 (3) ◽  
pp. 87-91
Author(s):  
Sunny Mirchandani ◽  
Dr. Gurudutta Japee
Keyword(s):  
Research Work ◽  
Hotel Industry ◽  
Goods And Services ◽  
Single Tax ◽  
Long Run ◽  
Basic Services ◽  
Additional Charges ◽  
The Cost ◽  
The Impact ◽  
The City

After three decades, reforms in indirect tax system reflected on 1st July, 2017 in India. Goods and Services Tax is a single indirect tax with an aim of ‘one nation - one tax’ and is applicable in whole country. This present research work attempts to highlight the impact of Goods and Services Tax on Indian Hospitality Industry. With the implementation of GST, Indian market will be unified and this will also lower the cost of business in long run. The hotel industry was in burden with multiple taxes on amount charged for different services. Additional charges on various activities of hotels were charged previously. But now in GST, single tax charged with clearly stated slab rates for various services. Slab rate increases with increase in amount of services charged i.e. for basic services rates are less and luxurious services are under high GST slab rate. Here we try to explain the impact of GST system on hoteliers of Ahmedabad city. For this purpose researcher collected samples from 22 hotels of the city. This study aims to evaluate the perception of the hotel owners and their experience in dealing with customers after the implementation of GST.

TRANSFER FİYATLAMA UYGULAMASININ İŞLETME PERFORMANSINA ETKİSİ VE VERGİSEL AÇIDAN DEĞERLENDİRİLMESİ

2014 ◽  
Vol 1 (2) ◽  
pp. 187
Author(s):  
Serdar KUZU
Keyword(s):  
Business Performance ◽  
Transfer Pricing ◽  
Tax Law ◽  
Economic Activities ◽  
Tax System ◽  
Goods And Services ◽  
Tax Legislation ◽  
International Transactions ◽  
The Cost ◽  
The Impact

The size of international trade continues to extend rapidly from day to day as a result of the globalization process. This situation causes an increase in the economic activities of businesses in the trading area. One of the main objectives of the cost system applied in businesses is to be able to monitor the competitors and the changes that can be occured as a result of the developments in the sector. Thus, making cost accounting that is proper according to IAS / IFRS and tax legislation has become one of the strategic targets of the companies in most countries. In this respect, businesses should form their cost and pricing systems according to new regulations. Transfer pricing practice is usefull in setting the most proper price for goods that are subject to the transaction, in evaluating the performance of the responsibility centers of business, and in determining if the inter-departmental pricing system is consistent with targets of the business. The taxing powers of different countries and also the taxing powers of different institutions in a country did not overlap. Because of this reason, bringing new regulations to the tax system has become essential. The transfer pricing practice that has been incorporated into the Turkish Tax System is one of the these regulations. The transfer pricing practice which includes national and international transactions has been included in the Corporate Tax Law and Income Tax Law. The aim of this study is to analyse the impact of goods and services transfer that will occur between departments of businesses on the responsibility center and business performance, and also the impact of transfer pricing practice on the business performance on the basis of tax-related matters. As a result of the study, it can be said that transfer pricing practice has an impact on business performance in terms of both price and tax-related matters.

To Study the impact of Gabbar Singh tax or Goods & services tax for Restaurant and Food Services Business in India

2019 ◽  
Vol 118 (12) ◽  
pp. 32-48
Author(s):  
Mr. Arun Gautam ◽  
Dr. Saurabh Sharma ◽  
CA Narendra Kumar Bansal
Keyword(s):  
State Level ◽  
The State ◽  
Assessment Framework ◽  
Food Services ◽  
Goods And Services ◽  
Single Tax ◽  
The Impact

GST that is Goods and Services Tax has been in compel since first July, 2017 and which is, in constrain on numerous countries globally and they all were thinking about it as their business assessment framework. The principle reason for GST is to realize single tax on products at both centre and the state level in the nation.

A new index to measure cost of living for expatriates in cities

2018 ◽  
Vol 28 (3) ◽  
pp. 295-317
Author(s):  
Khee Giap Tan ◽  
Nguyen Trieu Duong Luu ◽  
Le Phuong Anh Nguyen
Keyword(s):  
New York ◽  
Hong Kong ◽  
Quality Data ◽  
Cost Of Living ◽  
Content Type ◽  
Goods And Services ◽  
Commercial Research ◽  
The Cost ◽  
Cost Of Living Index ◽  
The City

Purpose Cost of living is an important consideration for the decision-making of expatriates and investment decisions of businesses. As competition between cities for talent and capital becomes global instead of national, the need for timely and internationally comparable information on global cities’ cost of living increases. While commercial research houses frequently publish cost of living surveys, these reports can be lacking in terms of scientific rigour. In this context, this paper aims to contribute to the literature by formulating a comprehensive and rigorous methodology to compare the cost of living for expatriates in 103 world’s major cities. Design/methodology/approach A cost of living index for expatriates composed of the ten consumption categories is constructed. The results from the study covers a study period from 2005 to 2014 in 103 cities. More than 280 individual prices of 165 goods and services have been compiled for each city in the calculation of the cost of living index for expatriates. New York has been chosen as the base city for the study, with other cities being benchmarked against it. A larger cost of living index for expatriates implies that the city is more expensive for expatriates to live in and vice versa. Findings While the authors generate the cost of living rankings for expatriates for 103 cities worldwide, in this paper, the authors focus on five key cities, namely, London, Hong Kong, Singapore, Tokyo and Zurich, as they are global financial centres. In 2013, the latest year for which data are available, Zurich was the most expensive for expatriates among the five cities, followed by Singapore, Tokyo, London and Hong Kong. These results pertain to the cost of living for expatriates, and cities compare very differently in terms of cost of living for ordinary residents, as ordinary residents follow different consumption patterns from expatriates. Originality/value Cost of living in the destination city is a major consideration for professionals who look to relocate, and organisations factor such calculations in their decisions to post employees overseas and design commensurate compensation packages. This paper develops a comprehensive and rigorous methodology for measuring and comparing cost of living for expatriates around the world. The value-addition lies in the fact that the authors are able to differentiate between expatriates and ordinary residents, which has not been done in the existing literature. They use higher quality data and generate an index that is not sensitive to the choice of base city.

scholarly journals DETERMINING THE IMPACT OF TOURISM DEVELOPMENT ON THE CITY ECONOMY

2020 ◽  
Vol 5 (158) ◽  
pp. 32-37
Author(s):  
N. Denysenko
Keyword(s):  
Indirect Effects ◽  
Urban Economy ◽  
Tourism Development ◽  
Tourism Industry ◽  
Economic Effects ◽  
Direct And Indirect Effects ◽  
Tourism Impact ◽  
Goods And Services ◽  
The Impact ◽  
The City

Problems of efficiency of tourism development for the urban economy should be considered on the basis of a systematic approach, which involves the establishment of different criteria and indicators for different levels of government, as well as a hierarchy of goals and corresponding efficiency criteria. Based on the analysis, the article summarizes the concept of "tourist potential of the city". It is determined that the main components of tourist potential are resource, economic and social potential. The main methods of determining the tourist potential are identified, including expert, comparative, cartographic, technological, aesthetic methods of analysis. The directions of tourism impact on the economy of the territory are considered. Direct and indirect effects, as well as induced effects of tourism development are considered separately. The interrelation and interaction of different spheres of the city economy and tourism are shown. In the analysis it is necessary to consider significant sectors of the urban economy: hotel, construction, catering, retail, tour operators, industry, wholesale, housing and communal services, communications, transport, insurance and banking, medicine, education and others. To calculate the gross tourist product, calculate the sum of all costs incurred for the production of tourist goods and services for a certain period. These are the costs of tourist consumption, private and public tourism investments. In addition, calculate the amount of all income from the sale of tourist goods and services for a certain period. This income from the sale of tourist goods and services, income from renting rooms, apartments, etc. The use of a multiplier to determine the impact of tourism development on the city economy is proposed. The calculation of tourism multipliers involves determining the total income from the tourism industry and related infrastructure. Comprehensive assessment allows to identify the economic level of tourism development in the territory, the effect, and is also the basis for justification and management decisions. The study showed that in the modern scientific literature there are several types of multipliers. These are multipliers of income, employment, investment, commercial operations, production and sales. The foreign experience of assessment of social and economic effects from the development of the tourist sphere is analyzed and the possibility of its use in the conditions of Ukraine is substantiated. Keywords: tourist potential of the city, direct and indirect effects, multiplier.

scholarly journals THE INFRASTRUCTURE OF PUBLIC CATERING IN THE CONTEXT OF TOURIST CITY SPACE DEVELOPMENT

2019 ◽  
Vol 7 (5) ◽  
pp. 975-981
Author(s):  
Ekaterina V. Vishnevskaya ◽  
Tatiana B. Klimova ◽  
Inna S. Koroleva ◽  
Olga K. Slinkova ◽  
Svetlana N. Yasenok
Keyword(s):  
Environmental Factors ◽  
Customer Service ◽  
Urban Space ◽  
Swot Analysis ◽  
Complex Structure ◽  
Goods And Services ◽  
City Space ◽  
Public Catering ◽  
The Impact ◽  
The City

Purpose: The modern city with its complex structure and dynamics is an important part of the tourist space, which has become especially attractive for travelers who tirelessly exploring the cultural heritage. Hotels, restaurants, amusement parks and other tourist infrastructure actively invading the urban environment changed the usual composition of the city. During the trip, tourists buy not only goods and services, they perceive the image of the city as a synthesis of impressions from the movement in the urban space, exploring it from different points of view, at different times of the day and in different seasons. Methodology: To assess the impact of environmental factors on the activities of catering enterprises of the Belgorod region and the quality of customer service, the authors proposed a method using STEP-analysis and SWOT-analysis. The analysis of environmental factors was carried out on the basis of the expert evaluation results conducted in two stages. Result: In tourism, the food infrastructure acts as an important element of entertainment and knowledge of local culture. Food is not just a common need of every person; tourists see it as entertainment and pleasure. Food of different peoples and even areas is usually very peculiar, so attractive to tourists. Catering infrastructure as an integral part of the hospitality industry should have a significant potential for adaptability, providing an opportunity for catering enterprises to respond quickly to frequent changes in the situation of the unstable tourism market, as well as to comply with the requirements of the destination brand. Applications: This research can be used for universities, teachers, and students. Novelty/Originality: In this research, the model of The Infrastructure of Public Catering In the Context of Tourist City Space Development is presented in a comprehensive and complete manner.

The Complementary and Substitutive Impact of Airbnb on The Bankruptcy of Traditional Hotels in The City of Barcelona

2020 ◽  
pp. 109634802095081
Author(s):  
Mariluz Maté-Sánchez-Val
Keyword(s):  
Hotel Industry ◽  
Market Concentration ◽  
Business Failure ◽  
Failure Model ◽  
Study Case ◽  
The Impact ◽  
The City ◽  
Case Based

The effects of Airbnb on the hotel industry have been debated in different academic forums without a close answer about whether its effects on the hotel industry are complementary or substitutive. To help clarify this issue, this article proposes a business failure model to analyze the impact of Airbnb on the bankruptcy of traditional hotels. In particular, we develop a study case based on a sample of hotels in the city of Barcelona between 2015 and 2018. In addition, we distinguish Airbnb listings’ characteristics such as type of room or market concentration to show an additional understanding of Airbnb effects. Our results show that Airbnb plays a double complementary and substitutive role in traditional hotels’ disruption. In particular, we conclude that Airbnb’s private rooms and the concentration of the Airbnb market in fewer hosts are the main threats to traditional accommodation providers.

scholarly journals Minimizing the Impact of Large Freight Vehicles in the City: A Multicriteria Vision for Route Planning and Type of Vehicles

2018 ◽  
Vol 2018 ◽  
pp. 1-8 ◽  
Author(s):  
Sara Ezquerro ◽  
Juan P. Romero ◽  
Jose L. Moura ◽  
Juan Benavente ◽  
Ángel Ibeas
Keyword(s):  
Negative Impact ◽  
Route Planning ◽  
Freight Transport ◽  
Total System ◽  
City Network ◽  
Upper Level ◽  
The Cost ◽  
The Impact ◽  
The City ◽  
Freight Vehicles

The impact of freight transport in cities is significant, and as such correct planning and management thereof help reduce their enormous negative impact. Above all, the special large vehicles have a greater impact than the remainder of freight vehicles, so a special attention should be paid to them. The vehicles which supply or pick up large amounts of goods at specific points throughout the city are an example of this type of vehicles. The aim of this paper is to minimize the cost of this freight transport type from a social, economic, and environmental viewpoint. To this effect, an optimization model has been proposed based on bilevel mathematical programming which minimizes the total system costs. City network model data are obtained on the lower level such as vehicle flow and travelling times, which are then used on the upper level to calculate total system costs. The model has been applied to a real case in Santander (Spain), whose final result shows the size and typology of the fleet of vehicles necessary to have the least impact on the city. The greater the vehicles size is (i.e., using fewer trucks), the less the cost of the freight transport is.

scholarly journals INFORMATION SUPPORT OF MODELING OF GRAVITY FUNCTION OF EMPLOYEES OF CITY SERVICE ENTERPRISES

2021 ◽  
Vol 3 (163) ◽  
pp. 165-172
Author(s):  
I. Chumachenko ◽  
N. Davidich ◽  
A. Galkin ◽  
Yu. Davidich ◽  
Y. Kush ◽  
...  
Keyword(s):  
Urban Transport ◽  
Information Support ◽  
Transport Systems ◽  
Average Salary ◽  
Passenger Traffic ◽  
Urban Service ◽  
Passenger Flows ◽  
The Cost ◽  
The Impact ◽  
The City

The article is devoted to the establishment of information support to determine the patterns of changing the function of gravitation of employees of the urban-service enterprises. It has been established that the development of urban transport systems is impossible without the use of information technology to predict the parameters of the formation and absorption of passenger traffic. The design of urban transport systems cannot be achieved without assessing the impact of traffic improvement measures on changes in traffic and passenger flows. The main parameter by which it is possible to predict the choice of places of gravity by the inhabitants of cities is the function of gravitation between different areas of the city. The formalized functions of the gravitation of urban dwellers are not differentiated by the social composition of the population of cities. In addition, they use only travel time between areas of the city as an independent variable. The article proposes the formalization of the gravitation function of employees of the urban service enterprises using the parameters of the urban transport system, areas of departure and arrival, as well as the cost of movement. A special questionnaire has been developed to obtain the original information. A natural survey was carried out using it. As a result of the processing of survey data using correlation and regression analysis methods, the degree of influence of the studied factors on the value of the gravitation function of employees of urban service enterprises was revealed. Analysis of the correlation values obtained showed that the most significant impact on the value of the gravitation function of employees of urban services is the ratio of the cost of movement between districts and average wages in the city. The least impact is the distance from the area of residence to the place of application of work, the ratio of the cost of one square meter of housing in the area of residence and the average salary in the city, the ratio of the cost of one square meter of housing in the area of employment application and the average salary in the city. However, the compatible influence of all factors can change the level of influence of each factor and its combinations. In addition, it is advisable to take into account the technical and operational performance of urban passenger transport routes and individual transport routes.

scholarly journals The impact of Internet distribution systems on the promotion, sales, and quality of hotel accommodation (with 4 and 5 stars in the City of Niš)

2021 ◽  
pp. 56-72
Author(s):  
Tamara Stanković ◽  
Slobodan Čerović
Keyword(s):  
Social Networks ◽  
Distribution Systems ◽  
Focal Point ◽  
Hotel Industry ◽  
Market Demand ◽  
The Impact ◽  
The City ◽  
Hotel Accommodation

This work is a theoretical and empirical overview of the influence of IDS and social networks on the promotion, sales, and quality of hotel accommodation. The work outlines a theoretical-academic presentation and includes a case study, which was carried out through research in 4-star and 5-star hotels. The research identifies the usage and influence of IDS on promotion, sales, and quality of hotel accommodation, the key advantages of cooperation and areas where it is lacking, as well as the usage and importance of social networks in promotion and sales. The terms "IDS" and "social networks in hotel businesses", their definition and importance are presented in the theoretical part of this work. The focal point of this work is to prove the importance of applying IDS and social networks in promotion, sales, and quality of services, in addition to showing the advantages of cooperation and areas where it is lacking. Furthermore, this work emphasizes the importance of staying up to date and in agreement with the latest innovations and their usage in the hotel industry, as well as the significance of adjusting the offer and services to the market demand.

scholarly journals Basic concepts and features of good and service tax in india

2018 ◽  
Vol 8 (2) ◽  
pp. 205-210 ◽  
Author(s):  
Priyadharshini J ◽  
Selladurai M
Keyword(s):  
Basic Structure ◽  
State Governments ◽  
Tax Structure ◽  
Goods And Services ◽  
Ignorance Of Law ◽  
Basic Concepts ◽  
The Cost ◽  
The Impact ◽  
Historical Scenario ◽  
Structure And Design

This paper is an analysis of what the impact of Goods and Services Tax will be on Indian Tax Scenario. Here stated with a brief description of the historical scenario of Indian taxation and its tax structure. Then the need arose for the change in tax structure from traditional to GST model. GST has be detailed discuss in this paper as the background, silent features and the impact of GST in the present tax scenario in India. GST is the only indirect tax that directly affects all sectors and sections of our economy. Ignorance of law is no excuse but is liable to panel provisions, hence why not start learning GST and avoid the cost of ignorance. The GST is aimed at creating a single, unified market that will benefit both corporate and the economy. Several countries implemented this tax system followed by France, the first country introduced GST. India is a centralized democratic and therefore the GST will be implemented parallel by the central and state governments as CGST and SGST respectively. The objective will be to maintain a commonality between the basic structure and design of the CGST and SG

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