New Delhi, Sept. 4 -- Rikant Pitti, co-founder and Chairman cum Managing Director of EaseMyTrip, has welcomed the latest reforms in the Goods and Services Tax (GST) structure saying that this was a very exciting time for the travel and tourism industry,

Speaking to ANI, Pitti said, "This is a very exciting time for the travel and tourism industry... Travel and tourism is one of the sectors that has the biggest multiplier impact on employment, and these tax reforms will definitely encourage a lot of tourism to be enhanced."

He explained that the simplified tax regime, which has reduced the earlier four GST slabs to just two, 5 per cent and 18 per cent, will make travel more affordable for people and boost overall demand.

"The reduction ...