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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Although Article 12 of the Real Estate Tax Act 2019 exempts property tax for all structures owned by the hotels, they still have to pay property tax as per the Unified Property Tax Act 2074.</span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Although Article 12 of the Real Estate Tax Act 2019 exempts property tax for all structures owned by the hotels, they still have to pay property tax as per the Unified Property Tax Act 2074.</span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Although Article 12 of the Real Estate Tax Act 2019 exempts property tax for all structures owned by the hotels, they still have to pay property tax as per the Unified Property Tax Act 2074.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">The metropolis had provided 65 percent exemption in such tax in fiscal year 2075/76, 75 percent in 2076/77, 75 percent in 2077/78 and 80 percent in 2078/79.</span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Although Article 12 of the Real Estate Tax Act 2019 exempts property tax for all structures owned by the hotels, they still have to pay property tax as per the Unified Property Tax Act 2074.</span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Although Article 12 of the Real Estate Tax Act 2019 exempts property tax for all structures owned by the hotels, they still have to pay property tax as per the Unified Property Tax Act 2074.</span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
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June 17: Hoteliers have urged the Kathmandu Metropolitan City to give exemption on integrated property tax and business tax that is levied on hotels. Hotel Association Nepal (HAN) requested the metropolis to provide 90 percent exemption on property tax and 100 percent exemption on business tax.
HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic.
Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.
Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency.
Although Article 12 of the Real Estate Tax Act 2019 exempts property tax for all structures owned by the hotels, they still have to pay property tax as per the Unified Property Tax Act 2074.
The metropolis had provided 65 percent exemption in such tax in fiscal year 2075/76, 75 percent in 2076/77, 75 percent in 2077/78 and 80 percent in 2078/79.
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">HAN argued that tax exemption should be given to protect the hotel business as it is yet to return back to normalcy after being badly affected by the Covid-19 pandemic. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Sajan Shakya, general secretary of HAN, informed that they met the mayor of the metropolis Balendra Shah and requested him to give tax exemption just like last year. The government in the budget for the upcoming fiscal year has also announced tax exemption for the hotel industry.</span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Shakya said that the state is also responsible to provide employment and protect the hotel industry which helps in earning foreign currency. </span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt">Although Article 12 of the Real Estate Tax Act 2019 exempts property tax for all structures owned by the hotels, they still have to pay property tax as per the Unified Property Tax Act 2074.</span></span></span></p>
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