Industry Status to Tourism & Hospitality Sector Industry tariff applicable now - Electricity tariff 70%, Urban Development Tax 20% and Building Plan Approval charges 66% of commercial charges.
Investment Centric Tourism Unit Policy An exclusive investor friendly policy, no conversion and development charges, additional Built-up Area allowed, subsidized Bar license for Heritage Hotels, operating licenses for 10 years at once and Online approval of projects.
Incentives to Tourism & Hospitality Sector 75% upfront and 25% reimbursement of stamp duty, interest subsidy upto 6% for 5 years, 100% exemption in Electricity Duty & Land Tax for 7 year, Investment subsidy: 75% of SGST for 7 years, reimbursement of 50% of employer`s contribution towards EPF and ESI for 7 years, green incentives for water conservation, waste management, quality certification, etc., projects above 25 cr. investment are eligible for capital subsidy.
Rural Tourism Scheme Agro tourism unit, camping sites, caravan park, rural guest house allows, land use change and building plan approval not required, allowed outside municipal area, time-bound approval on the basis of self-declaration, 100% exemption in stamp duty, 100% SGST reimbursement for 10 years and 9% interest subsidy on loans upto Rs. 25 lacs.