Capital Market News The Travel Agents Association of India (TAAI) has sought 'One India One Tourism' approach, which is inclusive of 'One Tax Structure,' in the upcoming union budget to revive the pandemic-hit domestic travel, tourism and hospitality industry, media reports noted. Association has also sought bringing aviation turbine fuel (ATF) under the ambit of GST to make air travel more viable for all stakeholders as well as extension of the emergency credit line guarantee scheme (ECLGS). TAAI said the government should strive to increase the disposable income of the middle classes to spur that discretionary spending. According to the travel agents body, concrete steps should be taken to improve cash flows and reduce the working capital burden on startups, existing MSMEs and SMEs along with access to easy credit, reducing income tax rate and GST rate, abolishment of tax collected at source (TCS) and wage support with ease of business.