Tourism body appeals to govt for urgent focus on jobs, business protection

Published on : Wednesday, May 12, 2021

The Federation of Associations in Indian Tourism and Hospitality (FAITH), on Monday said that it has made suggestions to finance ministry, RBI and tourism ministry for urgently taking up measures targeted at protecting business and jobs in the sector.


FAITH has requested the government to urgently urge all state governments and the respective ministries to waive off these fixed levies and compliances till the period of the pandemic. The association has suggested to set up a corpus with ministry of tourism to meet these monthly liabilities of tourism travel and hospitality companies to discharge them on their behalf.


The association has asked for a waiver or compensation for fixed statutory and compliance liabilities. Despite no revenues, there are statutory liabilities and compliance liabilities at both state and central government level and other regulatory bodies which still need to be met. These include various forms of duties, taxes, cess or license fees including electricity and water, property taxes, excise duties, transport taxes, parking cess, insurance premiums provident fund, Employee State Insurance (ESI) contribution on hotels, travel agents, tour operators, restaurants tourist transporters or any other form of tourism travel and hospitality services.


The industry body has requested that an amount equivalent to the pre-pandemic basic salaries be sent each month to such tourism, travel and hospitality employees in a direct benefit transfer against their PAN Card. This will help support livelihoods of crores of people and their families till the pandemic is raging.


The tourism body said that the SEIS Scrips for financial year 2019-20 should be announced at the earliest as this amount is already invested and spent for developing business for the year 2019/20. This benefit can help save many companies.


Globally, Indian tourism has to compete aggressively with other countries for market share. These marketing and business development expenditure are made by tour operators and hoteliers.

Related Posts

Tags:

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 03 ITB Asia 2022
  • 06 AviationFestival 2022

TRAVEL INDUSTRY EVENTS

    1. IMEX 2022

      May 31 - June 2
    2. KARIBU FAIR 2022

      June 3 - June 5
    3. TANZANIA TOURISM SUMMIT 2022

      June 3 - June 5
    4. ITE Hong Kong 2022

      June 9 - June 12
    5. ITE & MICE 2022

      June 9 - June 12