I tried the MakeMyTrip ‘My Business’ facility which makes GST claim easier for SMEs
This new solution, is supposed to provide a ‘convenient, transparent and efficient self-booking tool that employees can use’ from the same MakeMyTrip app for their business travel.
The facility will not only make businesses of any size avail best corporate travel deals but will also bring down friction in the expense process.
Ranjeet Oak, Chief Business Officer, MakeMyTrip told Business Insider, “For most organizations, business travel spending is the second largest expense, and the entire process allows a certain amount of discrepancies and reimbursement issues later on. SMEs are contributing to 70% of the flourishing Indian corporate travel business and we wish to enable these businesses by helping them get an online travel desk instead of setting up a separate one for their firm.”
Companies like Ola and Uber have enabled taxi rides for corporate travel for many companies but for many employees who travel constantly for work, reimbursement, bill-filing and even approvals remains an inconvenience.
I tried out the app and website and noticed that the self-booking online tool makes it easy to move complex offline processes - approval metrics, travel policies, payment options – online; making travel booking efficient and experience seamless.
Another great feature is that if a corporate books a hotel with MakeMyTrip, then MMT will pass the GST details of the company during the booking to the hotelier. When the hotel creates the bill, GST details of the company would be incorporated on the invoice which would ensure that the tax charged on the invoice will be uploaded by them against the company’s GST account. Also, against the convenience fee charged by MMT, the company will be able to claim GST benefits as well.
This way, companies stand to claim
Popular on BI
- RANKED: The world's 20 strongest militaries
- I quit buying from Amazon 4 years ago. I get better deals on products elsewhere but still have to use their services.
- Gen Z faces more pressure at work than previous generations because technology has eliminated work-life boundaries, a psychology professor says
- iQOO Neo 9 Pro with Snapdragon 8 Gen 2 launched in India, will take on the OnePlus 12R
- Enforcement Directorate searches Hiranandani Group premises in Mumbai
- Indian PC market down by 6.6% in 2023, HP leads the market while Acer gains
- India's business activity surges to 7-month high in February
- Snapping 6-day gains, Indian stock indices in red; high valuations a concern