Budget Expectations : Jayant Mhaiskar, CMD, IHPL (Indian Hospitality Pvt Ltd)

Hello,

Wish List is as follows:-

The Immediate hope was to get a stable government. With the new government, we expect the economy to work in much more liberal way.

As a need of the hour, public spending in infrastructure sectors such as roads and ports must go up, as they create employment.

Infrastructure, projects regarding cost housing units and employment are the key themes for this budget. The new government must help to stimulate adequate jobs.

The New government should bring more clarity on the policies such as those on SEZs and improve the turnaround time to approve NEW Projects.

Tax rationalization is the other top item on the wish list. Vat, cenvat cuts are expected to the larger extent and also the reduction in custom duties to various goods.  

We expect the Nationalized Toll Policy and more focus on the Securitization of Toll-ways.

To promote the power generating companies period of tax holiday should be extended after 30^th March 2010.

As far as Hospitality sector is concern the upcoming tax- holidays are restricted to the Five-Star Hotel chains, which should be more liberal and should be extended for small joints/restaurants.

Most importantly government needs to take measures such as Interest Rate Cut and PSU disinvestment and some major steps for new sectors like LOGISTICS and IPR.

Jayant Mhaiskar, CMD, IHPL (Indian Hospitality Pvt Ltd)

 

Regards,

Pushpa Chauhan

brand-comm

Integrated Brand-Comm Pvt. Ltd.

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From: Pooja Chopra [mailto:pooja.chopra@irisindia.net]
Sent: Wednesday, June 10, 2009 5:42 PM
To: pushpa@brand-comm.com
Subject: Request for budget expectations / wish list of your clients

 

Hi,

I am writing to you from Myiris.com to request you to send us the expectations / wish list of your clients (CEO, any top management person, fund manager etc) from Union Budget 2009 for our `Budget` section.

The following link will take you through the recent interim budget section of myiris.com :-

http://budget.myiris.com/

We would welcome any Union Budget related articles from your clients you may wish to include. These can be sent to writers.group@irisindia.net.

Please feel free to contact me with any questions.

Regards,
Pooja Chopra
News & Research

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