City
Epaper

Raj: Land tax on tourism units now at par with industrial rates

By IANS | Published: October 21, 2022 7:48 PM

Jaipur, Oct 21 After recognising the tourism sector as an industry, Rajasthan Chief Minister Ashok Gehlot on Friday ...

Open in App

Jaipur, Oct 21 After recognising the tourism sector as an industry, Rajasthan Chief Minister Ashok Gehlot on Friday announced to give exemption in land tax on areas being used for tourism.

As per the decision, the rate of land tax will be payable considering the land being used for tourism as industrial venture instead of commercial use.

In the 2022-23 state budget, the tourism sector was declared as a full-fledged industry.

As per the latest decision, land tax on tourism units larger than 10,000 sq mt will be Rs 2 per sq mt, instead of Rs 3 per sq mt before.

Besides promoting eco-tourism in the state, new tourism circuits are also being set up in different parts of the state. Orders/notifications have already been issued by the state government to make the rates of stamp duty, registration fee, electricity duty, urban development tax, land conversion fee etc. for the tourism units at par with the industrial rates.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessNvidia Surpasses Microsoft and Apple to Become World's Most Valuable Company

NationalSrinagar declared as 'Temporary Red Zone' for drone operation

NationalIn surprise visit, PM Modi reviews work at upcoming stadium & sports complex in Varanasi

Other SportsTennis: Defending champ Alcaraz recovers from mid-match dip to win at Queen's Club

Football16 tournaments, 11,000 players: Hectic 2023-24 domestic season for Indian football

Politics Realted Stories

PoliticsWayanad Lok Sabha Bypolls: Will BJP Field Smriti Irani Against Priyanka Gandhi?

Maharashtra'He Was Only Pouring Water': Nana Patole Denies Congress Worker Washed His Feet Despite Viral Video Showing Otherwise

PoliticsWest Bengal Assembly By-Elections 2024: TMC Releases List of Candidates for July 10 By-Polls

MaharashtraMaharashtra Assembly Election 2024: Taking Control of State Is My Endeavour; NCP (SP) Must Win Assembly Polls for That, Says Sharad Pawar

PoliticsCID Summons Former CM BS Yediyurappa To Appear for Questioning in Pocso Case