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Wednesday, April 17 2024

KCCI updates MP Sudhanshu Trivedi on region’s economic needs

KCCI updates MP Sudhanshu Trivedi on region's economic needs
Photo Credit : By Author

Mangaluru: Dr Sudhanshu Trivedi, Member of Parliament, Rajya Sabha & BJP National Spokesperson called on KCCI Office Bearers along with other Board of Directors and Chairmen of subcommittees of KCCI at the Meeting Hall of KCCI on March 24, 2023, at 4 p.m. KCCI President Shri M. Ganesh Kamath welcomed Dr Sudhanshu Trivedi and briefed him about the Chamber’s role in the development of the Dakshina Kannada region and various activities chamber initiated for the benefit of trade and commerce in the region. He further added that given that Dakshina Kannada contributes significantly to the State’s revenue and also ranks high in terms of various compliance, there is a naturally high expectation that the Central government gives enough attention towards the overall development of this region.

Various concerns and suggestions were put forward in the meeting by the KCCI. The copies of the memorandums submitted by KCCI earlier to the Central government officials were handed over to him. Snapshot of the same as follows.

The long pending hassle of road connectivity between Mangaluru and Bengaluru highway via Shiradi Ghat which is still in a dilapidated condition much to the surprise even after Union Minister, Shri Nitin Gadkari assuring the chamber with better road connectivity favouring exim trade and also the general public during his visit to Mangaluru in February last year. KCCI requested immediate action before the monsoon hits.

Request to implement the Amnesty Scheme for the initial lapses due to frequent changes in Acts, rules, notifications, and circulars. A Memorandum was addressed to the Finance Minister, Smt. Nirmala Sitaraman in September 2022.

Inclusion of MSME under Section 53(1)(b) of IBC, 2016 for preference of payment. KCCI had requested the Finance Minister, Smt. Nirmala Sitaraman to amend the Insolvency and Bankruptcy Code, 2016 and include MSME dues under Clause (b) of sub-section 1 of Section 53 on par with the workmen’s dues.

Requesting clarity regarding issues faced by exporters with respect to refund claims under GST was addressed to the Finance Minister, Smt. Nirmala Sitaraman.

KCCI updates MP Sudhanshu Trivedi on region's economic needsRequest to reopen of office of the Joint Commissioner of Central Tax (Appeals) and Commissioner of Central Tax (Appeals) at Mangalore which is currently in Belagavi. This has created a huge inconvenience for the taxpayers to travel to Belagavi. The memorandum was sent to the Finance Minister, Smt. Nirmala Sitaraman in December 2022.

Request to include Mangaluru, in the list of Host City for the G20 Meeting addressed to Dr Subramanyan Jaishankar, Minister for External Affairs.

Request for a reduction in GST rates on religious institutions which are registered under income tax. The memorandum was sent to the Finance Minister, Smt. Nirmala Sitaraman in February 2023.

Suggested Finance Act 2023 through post-budget memorandum submitted to Finance Minister, Smt. Nirmala Sitaraman.

Suggested re-look at the tax to be charged for the tourist to International destinations from the present 5 per cent to 20 per cent which would hamper the travel to foreign countries.

Also informed Dr Sudhanshu Trivedi about the poor rail connectivity between Mangaluru- Bengaluru which takes around minimum of 12 hours to reach the destination of just 353 km. And during monsoons, it further worsens due to landslides, etc. Bringing Dakshina Kannada under one Railway zone would augur well for the overall development of the region, the Chamber opined.

Read more:

KCCI keenly grades ‘Focused India Budget’ as positive

KCCI makes call to host G20 meetings in Mangaluru

Bengaluru: HC says FKCCI is a private entity

KCCI submits memo to FM for including MSME in payment preference

FKCCI General Annual Meet held at Bengaluru

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