The Managing Directors/CEO’s/Directors/Partners/General Managers
All FHRAI Members
CC: All Members of the Executive Committee
All Regional Associations
Subject:- Recommendations to the Union Budget FY 2021-22
Dear Member,
We have begun the process of formulating our recommendations to the Union Budget 2021-2022. We therefore request for the valuable inputs of our members on the same to incorporate in our recommendations to the Government of India.
Ministry of Finance shall review the recommendations on the basis of its justifications on each proposal. Please support your recommendations with any brief benefit / numerical analysis that will further help the cause. Please highlight your suggestions to the budget, on the parameters mentioned below:
1. Direct taxes: Please highlight any recommendations on
- Income Tax Rate / interpretation / compliance
- Depreciation
- Tax holiday / exemption request
2. Expenditure & Policy
- Any recommended expenditure / policy change for promoting a sub segment of hospitality / restaurants / destination
- Recommended structural change in a government institution which will have a positive impact on tourism / hospitality / restaurants
Request you to please send your suggestions in the following format.
Issues
|
Suggestions
|
Justifications
|
|
|
|
GST is no longer part of the Union Budget. However, you may feel free to share your thoughts on the same.
Please revert with your suggestion to sg@fhrai.com latest by 6th November 2020.
Look forward to receiving your response at the earliest.
Best regards,
Jaison Chacko
Secretary General
_____________________________________________________
The Federation of Hotel & Restaurant Associations of India
Regd. Off.: B-82, 8th Floor, Himalaya House, 23 K.G. Marg, New Delhi - 110 001
Tel.: 011-40780780, Fax: 011-40780777
Email: fhrai@fhrai.com, Website: www.fhrai.com