Breaking |

Breaking |

Punjab CM gives nod to waiving of annual licence fee & quarterly assessed fee of bars, hotels
Published : Sep 30, 2020, 3:55 pm IST
Updated : Sep 30, 2020, 3:55 pm IST
SHARE ARTICLE
Captain Amarinder Singh
Captain Amarinder Singh

Captain Amarinder Singh on Wednesday gave nod to the waiver of annual licence fee of the Bars, Marriage Palaces, Hotels and Restaurants

Chandigarh: Agreeing with the recommendations of the Group of Ministers (GoM), the Punjab Chief Minister Captain Amarinder Singh on Wednesday gave nod to the waiver of annual licence fee of the Bars, Marriage Palaces, Hotels and Restaurants for the years 2020-21 proportionately for the months of April to September, 2020 besides waiving the quarterly assessed fee for the first two quarters i.e. from April to June and July to September, 2020.

Disclosing this, a spokesperson of the Chief Minister’s Office said that the financial implications after 50 percent waiver of annual licence fees pertaining to the period from April 1, 2020 to September 30, 2020 would be to the tune of Rs 1355.50 lakhs in respect of the 1065 licensee Bars in Hotels and Restaurants which is half the estimated revenue collection for 2020-2021.

Advertisement

Capt Amarinder SinghCapt Amarinder SinghLikewise, in respect of the total 2324 licensee marriage palaces corresponding to the aforementioned period, the financial implications would amount to Rs 350 lakhs which would also be half of the estimated revenue collection for 2020-2021.

In respect of waiving advance quarterly assessed fee on bars licences, no implications of financial nature are involved as the waiver would only be on assessed fee collected in advance which is adjustable and now the collection is being proposed to be deferred to the point of purchase by bars.

Capt Amarinder SinghCapt Amarinder Singh

Advertisement

It may be recalled that the Hotel & Restaurant Association of Punjab, Hotel Restaurant & Resort Association, Punjab and the Marriage Palace Association, Punjab in their representation to the GoM, sought relaxation in the licence fee and the quarterly assessed fee due to the outbreak of Covid-19 pandemic and subsequent imposition of curfew and lockdown which severely affected their business.

The matter was then discussed with the Excise Commissioner Rajat Agarwal and Financial Commissioner (Taxation) A. Venu Prasad and subsequently referred to the Chief Minister for approval.

Advertisement

SHARE ARTICLE

ROZANA SPOKESMAN

Advertisement
Advertisement

Nihang Singh Clash With Old Man: Nihang Singh used a stick against a person selling cannabis

16 Sep 2025 3:43 PM

Mankirt Aulakh donated tractors controversy: What is the controversy of tractors donated by Aulakh?

16 Sep 2025 3:38 PM

Mohinder KP\'s Son Richi KP Antim Sanskar: Father gives shoulder to son\'s body

16 Sep 2025 3:34 PM

Dera Baba Nanak Flood In Punjab: 40 feet deep and 1000 feet wide ravine had formed | Khalsa Aid

14 Sep 2025 6:45 PM

This IAS officer investigated MLA Manjinder Lalpura for misbehaving with a girl

14 Sep 2025 6:42 PM

Manjinder Lalpura USMA Case: See what MLA Lalpura did with this girl! matter revealed on camera

12 Sep 2025 6:50 PM
Advertisement