Tag Archives: Nirmala Sitharaman

The travel and tourism industry renewed its demand for ‘industry status’ in the upcoming Union Budget to enable access to lower-interest credit for the fast-growing sector. In pre-budget consultations with Nirmala Sitharaman, Finance Minister, industry leaders also sought special incentives to promote lesser-known & emerging destinations, GST delinking for hotel restaurants, simplified visa policies, and a single-window clearance system for hospitality projects.

A delegation from the Federation of Hotel and Restaurant Associations of India (FHRAI) met Nirmala Sitharaman, Union Finance Minister, submitting a detailed representation seeking a fair, growth-oriented GST framework for hospitality. The association urged regularisation of past GST dues since 2017, restoration of Input Tax Credit (ITC) for hotels, and delinking F&B GST rates from room tariffs to ensure sectoral revival.