TACT Hails Union Budget 2026: A Landmark Boost for India’s Tourism and Travel Sector
The Voice of Chandigarh
The Union Budget 2026 has laid out an ambitious roadmap to strengthen India’s tourism ecosystem, create employment, and enhance the nation’s global appeal. Key measures such as the reduction of Tax Collected at Source (TCS) on outbound tour packages to a flat 2% will ease financial pressure on travellers and empower domestic tour operators to compete more effectively.
In addition, the Budget emphasizes tourism infrastructure development, including the modernization of heritage sites, development of Buddhist and ecological circuits, and the establishment of the National Institute of Hospitality to foster skilling and service excellence. Strategic initiatives such as new high-speed rail corridors, expansion of waterways, and promotion of medical tourism hubs are expected to improve connectivity, diversify offerings, and attract international travellers.
Vinod Sharma, President of TACT, said, “The Budget 2026 is a game-changer for India’s travel and tourism sector. Lowering TCS on outbound packages and investing in infrastructure will not only boost the industry but also create sustainable employment opportunities across regions.”
Piyush Kohli, General Secretary of TACT, added, “These initiatives signal a forward-looking vision. Enhanced connectivity, skilled manpower, and diversified tourism offerings will make Incredible India truly competitive on the global stage.”
TACT welcomes these progressive measures and looks forward to working with stakeholders to maximize the benefits. With improved affordability for travellers, upgraded infrastructure, and strategic focus on global competitiveness, India’s tourism sector is poised for unprecedented growth, strengthening the economy while delivering world-class experiences to millions of travellers.
