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No luxury tax for small lodges
Posted on: 14/May/2013 2:19:35 PM
In a move that would make lodge owners happy, the Tamil Nadu Government on Monday announced that luxury tax would be waived for those who charge less than Rs. 199 per room per night. Currently, a 5 per cent luxury tax is charged on any accommodation. ‘There will be no luxury tax for daily rents up to Rs. 499. Beyond that, the slab of 10 per cent luxury tax for rents up to Rs. 1000 and 12.5 per cent above that stays’, said a source.
President of the Tamil Nadu Hotels Association Venkadasubbu said, ‘There (are) around 10,000 such lodges across the State. Relatives of patients at government hospitals and hawkers travelling to major towns to purchase from wholesales will benefit from this exemption. These slabs were fixed almost 15 years ago. We appreciate that the slab has been lifted.’
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