Rajasthan State CM Vasundhara Raje announced the most awaited budget of year 2014 and doled out several new programmes and initiatives to promote tourism and increase tourists influx in her Budget for 2014-15.
She proposed a revision of tax regime to earn Rs 350 crore revenues. Raje, who is also holding the Finance portfolio, announced in the state Legislative Assembly here a total plan outlay of Rs 69,820 crore for 2014-15 compared to Rs 40,500 crore of 2013-14, an increase of 72 per cent.
In a series of tax relaxations or rebates to the tune of Rs 150 crore to people, Raje proposed no tax on work-book, biogas, ‘reetha and shikakai’ and takeaway cooked food from restaurants.There was a range of VAT on sale of used motor vehicles from Rs 2,000 to Rs 8,000, now there would be one 2.5 per cent VAT on Used Motor Vehicles, Raje said.
Paying guest house and heritage hotels approved by Tourism Department have been exempted from luxury tax, the hertitage hotels’ luxury tax during off-season has been reduced to 50 per cent, the Chief Minister said.
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