Categories: Bangalore

K’taka: 50% cut in property tax of hotels, resorts this yr

BENGALURU: In a bid to revive tourism, the Karnataka government on Thursday announced 50% cut in property tax for hotels, resorts, restaurants and entertainment parks for the current year.
In a press release, tourism minister CP Yogeshwar announced complete waiver of minimum fixed charges in electricity bills of these commercial properties for April, May and June.

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