CII Punjab State Council submitted its Pre Budget Memorandum (PBM) to the State Government for the upcoming budget session. The key recommendations include rationalization of taxation and simplifying the VAT refund process. The document stresses on giving impetus to the local Industry by advocating ‘Preference’ to be given to the domestic industry while making government purchases. Suggestions have also been given for bringing industry related services under the ambit of Right to Service Act besides the need to upgrade and maintain the infrastructure in focal points and industrial belts. This year’s PBM to the Government of Punjab also advocates for the need for change in the state’s labour laws and a review of the policy related to pollution control and environmental norms to keep pace with technology and environment.