Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: form 3cd :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: due date for vat payment :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: list of goods taxed at 4% :: TDS :: empanelment :: ACCOUNTING STANDARDS
 
 
« News Headlines »
 Income tax dept notifies amendments for sharing taxpayer information
 Seven things you must do before 31st March
 Income Tax saving investments: Top 5 options available for high-income individuals
 How to use zero tax rule on long term capital gains on stocks
 GST Returns - Furnishing details of inward supplies
 5 ways to maximise you income tax return
 Income-tax (2nd Amendment) Rules, 2017
 Soon, Faster PAN, An App For Filing Tax Returns
 Changes in income tax return filing process
 New Income Tax Rates And Deductions Applicable From April 1, 2017
 Tax and transparencya

Bengal may review luxury tax rates, says Buddhadeb
October, 27th 2007

Centre urged to take initiatives for developing tourism infrastructure

The West Bengal Government may review the existing luxury tax rates in the State after discussions with the State finance department, according to the Chief Minister, Mr Buddhadeb Bhattacharjee.

The luxury tax on hotels and restaurants is creating problems for hoteliers and restaurant owners in the State. We have to take a balanced view since the hospitality industry creates enormous job opportunities. I need to talk with my Finance Minister (Mr Asim Dasgupta) about this, Mr Bhattacharjee said, while speaking at the inaugural session of the 43rd Annual Convention of Federation of Hotel and Restaurant Associations of India (FHRAI) here on Friday.

Mr Rajesh Mishra, President of FHRAI, in his presidential address had proposed that the State Government withdraw luxury tax to boost development of hotels and restaurants.

Earlier luxury tax was restricted to Kolkata only. But it is now applicable across all the districts of West Bengal. Currently, luxury tax is charged at the rate of 10 per cent on (room) tariff exceeding Rs 500, Mr Mishra said.

According to Mr Bhattacharjee, the Central Government should take initiatives for developing tourism infrastructure across the country. The Government should spend more on tourism infrastructure projects since tourism and hospitality industry create maximum job opportunities, he said.

In West Bengal, the State has identified new areas for growth of tourism.

We have identified certain areas, including development of tea tourism in Jalpaiguri and Darjeeling districts, and eco-tourism in the Sundarbans, Mr Bhattacharjee said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions