Pre-Budget Quote on Policy Reforms & Tax Relief for the F&B Sector by Aji Nair, CEO at Mirah Hospitality


Aji Nair
CEO
Mirah Hospitality

“As we approach the Union Budget 2025, the F&B sector looks forward to measures that address key challenges such as rising food inflation, operational costs, and the intricate tax structures on alcohol and aerated beverages that impact profitability. A progressive framework that fosters innovation, simplifies policies, and enables sustainable growth will be pivotal for the industry’s success.
The restaurant sector specifically urges the restoration of the GST Input Tax Credit, which would significantly ease operational expenses and enhance efficiency. Additionally, revisiting the GST notification on commercial leases under the Reverse Charge Mechanism is essential to reduce financial burdens. With these steps, the sector can focus on innovation, customer experiences, and long-term growth.”

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