Wednesday, October 4th, 2023

There will be a big change in property tax in UP, the target is on tourism, it will be implemented from next year.

Photo:REUTERS property tax

The Uttar Pradesh government is preparing to amend the property tax rules of the state. The main objective behind this step of the government is to promote tourism. The Urban Development Department had decided to change the rules of tax calculation for some properties by presenting draft rules in the first week of July last. According to IANS news, the department has received nine suggestions and objections on the draft. The revised proposal will be placed before the Cabinet for approval. After that it will be notified.

There will be change after ten years

According to the news, the government is going to do this after ten years. The last time these rules were changed was in the year 2013-14 (Amendment in property tax rules in UP). Let us tell you here that there is no change in the rates of residential and non-residential buildings (Property Tax). In this, the department had offered exemption to the operators of starred hotel properties, so that tourism in the state could be supported and employment could also increase.

Agra is a big attraction center for foreign tourists.

The report said the need was felt for provisions to differentiate between bed and breakfasts, accommodation and homestays from budget hotels and guesthouses. They will be liable to pay property tax as per the standards. According to the official spokesperson, out of total 9 objections, 8 were filed by the stakeholders of Agra only. Let us tell you, Agra is the city which attracts about 60 percent foreign tourists. There are more than 2000 hotels in Agra.

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understand the charge

The Tourism Department has given industry status to starred properties (Property Tax). It has also been assured that home tax, water sewerage tax and other municipal charges will be levied as per the fixed rates. Once the new rule is notified, starred properties, which are liable to pay up to six times the base rate, will be charged just three times the base rate. The government, however, has also said that budget hotels, guest houses and other residential properties will continue to pay six times the base rate as tax.

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