Union Budget 2022: Hospitality industry seeks tax relief, incentives
Zee News
The hospitality sector has urged the government to announce more schemes to promote tourism in the upcoming Budget.
New Delhi: As Finance Minister Nirmala Sitharaman is scheduled to present the Budget for the financial year 2022-23 in February, the hospitality sector is seeking lower taxes, incentives and reliefs. They also seek Easy sops for the sector in the upcoming Union Budget.
The hospitality sector has urged the government to announce more schemes to promote tourism in the upcoming Budget.
Rahul Deb Banerjee, Vice President, The Clarks Hotels & Resorts told Zee Media, "The government should announce more schemes to promote tourism in the coming budget. Also, due to the pandemic, many small hotels and resorts have closed down. It is essential for the revival of the ailing units, the government announces interest-free loans or sops. Also, more funds should be dedicated to the development of infrastructure. There are still tourist locations that lack proper connectivity. These places need development of roads and connectivity with buses and trains. The government has already started taking measures for infrastructure development but more push is needed."
