Posted inBusiness

Concession on luxury tax for Delhi budget hotels

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Concession on luxury tax for Delhi budget hotels

The Delhi assembly has cleared a bill to increase the threshold limit for levying the luxury tax on room rent in a hotel from INR500 or more per day to INR1,000 or more.

This move is sought to help the budget hotels in and around the city.

The Delhi Tax on Luxuries (Amendment Bill), 2010 was introduced in the house by Finance Minister A.K. Walia.

This will help budget travellers’ stay in the national capital during the Commonwealth Games in October.
Delhi has already decreased luxury tax on hotels from 12.5% to 10%.

The tax relaxation was made possible through an amendment in the law that regulates imposing of luxury tax on charges for accommodation and other services provided in hotels.

Ronan Fearon, General Manager, JW Marriott Bengaluru Prestige Golfshire; Uzma Irfan, Director of Corporate Communications - Prestige Group; Anuradha Venkatachalam, Captain (Hotel Manager), Moxy Bengaluru Airport Prestige Tech Cloud; Rezwan Razack, Managing Director, Prestige Group; Irfan Razack, Chairman and Managing Director, Prestige Group; Zaid Sadiq, Executive Director - Liaison & Hospitality, Noaman Razack, Director Prestige Group; Ranju Alex, Area Vice President- South Asia, Marriott International; Suresh Singaravelu, Executive Director - Retail, Hospitality & Business Expansion
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