Reduction in Luxury Tax on Heritage Hotels to boost tourism in Rajasthan
Rajasthan is a beautiful state with regal heritage and splendid architecture and Rajasthan’s tourism is built on the pillar of its enchanting heritage and the hotels in the category are windows into the royal and colorful past.
The recent budget announcement by Rajasthan’s Chief Minister Vasundhara Raje to reduce taxes on heritage hotels brought a good wave of happiness among Alsisar Hotels and all the other heritage hotels of Rajasthan that has been traditionally the backbone of the state’s economy. In the budget announced on Monday, Raje reduced VAT for basic category of heritage properties from 14% to 5%. This segment of properties constitutes majority of heritage properties, although there are many hotels in ‘Classic’ and ‘Grand’ categories.
In order to encourage rural tourism, she has exempted all guest houses with up to five rooms from luxury tax. Rural Rajasthan is dotted with small, old havelis . The thrust on rural tourism will also create new opportunities for people like folk artistes, camel and horse owners as many properties of Alsisar group are located in rural areas of Rajasthan.
We hail the measures as all these tax relief extended in the budget will bring some relief to the heritage properties to offer you much extended facilities at appreciative tariffs.