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'summary' => 'May 30: The government has decided to impose two percent additional charge for luxury services of high-end hotels and resorts, imported liquors and precious metals. ',
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
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'summary' => 'May 30: The government has decided to impose two percent additional charge for luxury services of high-end hotels and resorts, imported liquors and precious metals. ',
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
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May 30: The government has decided to impose two percent additional charge for luxury services of high-end hotels and resorts, imported liquors and precious metals. The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday "Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS
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include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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'summary' => 'May 30: The government has decided to impose two percent additional charge for luxury services of high-end hotels and resorts, imported liquors and precious metals. ',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has decided to impose two percent additional charge for luxury services of high-end hotels and resorts, imported liquors and precious metals. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has decided to impose two percent additional charge for luxury services of high-end hotels and resorts, imported liquors and precious metals. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has decided to impose two percent additional charge for luxury services of high-end hotels and resorts, imported liquors and precious metals. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The government made this announcement through the budget for the upcoming fiscal year 2023-24 that was presented in the Federal Parliament on Monday </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">"Two percent luxury tax shall be imposed for luxury goods and services," Finance Minister Dr Prakash Sharan Mahat said while announcing the budget. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The high-end hotels and resorts shall charge their clients two percent additionally while providing services from mid-July. The new fiscal year commences on July 17. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The tax is applied on ornaments made up of precious metals and stones such as gold, diamond, pearls and gems worth over Rs 1 million. The tax is levied on imported alcoholic products at the customs point during the time of transportation. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">In case of the non-payment of the luxury tax, it will be recovered along with a 15 percent interest rate annually. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, if the statement related to luxury tax is not submitted, such responsible person will be charged a fine of 2.5 percent annually until the submission of the details. -- RSS </span></span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117