Karnataka hotels & resorts get 50% property tax relaxation

Karnataka government announced that property tax has been halved for 2021-22 for all including the hotels & resorts. Similarly, electricity bill for the months of April, May, and June will be waived for them. They have been permitted to pay only 50% of the excise licence fee and additional licence fee for now. They have till December 31 to pay the remaining amount of tax. The government has decided to provide a one-time financial relief of ₹5,000 to every tourist guide registered with the Tourism Department. The amount would be directly transferred to the bank accounts of the beneficiaries, sources said.

The office-bearers of Karnataka Tourism Society have hailed the revival package announced for the sector. The package would help in the revival of the hospitality and tourism sectors besides providing a ray of hope to lakhs of people dependent on these sectors for a livelihood, the office-bearers said in a release.

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