Budget 2012-13: Expect tour prices to increase, says Thomas Cook

Madhavan Menon of Thomas Cook says, "We expect tour prices to increase due to the cascading effect of the service tax increase- resulting in an adverse impact on the Travel and Tourism industry as a whole."

March 17, 2012 / 13:27 IST

Commenting on the Union Budget 2012-13, Madhavan Menon, Managing Director, Thomas Cook (India) said,

first published: Mar 17, 2012 01:22 pm

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Budget 2012-13: Expect tour prices to increase, says Thomas Cook

Madhavan Menon of Thomas Cook says, "We expect tour prices to increase due to the cascading effect of the service tax increase- resulting in an adverse impact on the Travel and Tourism industry as a whole."

TCI