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Small hotels in nation’s capital will be relief from luxury tax

The Delhi government on Monday, 22 Aug introduced an amendment bill in the assembly to raise the threshold limit of luxury tax from Rs 750 per day per room to Rs 1,500 per day per room. Introducing the Delhi Tax on Luxuries (Amendment) Bill, 2016, in the Delhi assembly, Finance Minister Manish Sisodia said that the bill seeks amendment […]

Small hotels in nation’s capital will be relief from luxury tax
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The Delhi government on Monday, 22 Aug introduced an amendment bill in the assembly to raise the threshold limit of luxury tax from Rs 750 per day per room to Rs 1,500 per day per room.

Introducing the Delhi Tax on Luxuries (Amendment) Bill, 2016, in the Delhi assembly, Finance Minister Manish Sisodia said that the bill seeks amendment to Sections 2 and 8 of the Delhi Tax on Luxuries Act, 1996.

“It is another step towards a simplified tax regime. This amendment will reduce burden on citizens and tourists and make it easy for small hotels to do business in the national capital,” Manish Sidodia added.

Manish Sisodia, who also holds the education portfolio, also tabled the Bharat Ratna Dr. B.R. Ambedkar Vishwavidyalaya (Amendment) Bill, 2016.

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