<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Govt mulls 4% uniform luxury tax, abolition of service tax</title>
    <link>https://www.taxtmi.com/news?id=683</link>
    <description>The government is weighing fiscal measures to boost tourism: abolish the service tax on tour packages, seek a uniform luxury tax across states, reduce development charges for expanding hotel capacity, and shift certain taxes to apply on actual negotiated tariffs rather than published rates. These measures aim to lower the layered tax burden-service tax, luxury tax and fringe benefit tax-embedded in room and package prices, restore competitiveness after demand shocks, and will require Centre-state consultation because luxury tax is a state subject.</description>
    <language>en-us</language>
    <pubDate>Wed, 10 Dec 2008 08:09:33 +0530</pubDate>
    <lastBuildDate>Wed, 10 Dec 2008 08:09:33 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=303442" rel="self" type="application/rss+xml"/>
    <item>
      <title>Govt mulls 4% uniform luxury tax, abolition of service tax</title>
      <link>https://www.taxtmi.com/news?id=683</link>
      <description>The government is weighing fiscal measures to boost tourism: abolish the service tax on tour packages, seek a uniform luxury tax across states, reduce development charges for expanding hotel capacity, and shift certain taxes to apply on actual negotiated tariffs rather than published rates. These measures aim to lower the layered tax burden-service tax, luxury tax and fringe benefit tax-embedded in room and package prices, restore competitiveness after demand shocks, and will require Centre-state consultation because luxury tax is a state subject.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Wed, 10 Dec 2008 08:09:33 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=683</guid>
    </item>
  </channel>
</rss>