Punjab government proposes taxes on luxury houses, vehicles, farm houses, marriage halls and parks for Budget 2011. Express May 29, 2011 facebook twitter whatsup linkded email ...

A few years ago, the state government levied luxury tax on marriage halls in a bid to mobilise more revenue. Three slabs of tax rates (10, 15 and 20 percent) are levied at present.

Now, customers engaging a marriage hall which commands a rent of Rs three lakh for a function, would have to cough up Rs 66,000 more towards tax (10% luxury tax and 12% service tax).

As per the Bill, banquet halls, gymnasium and spas having an annual turnover of Rs five lakh will have to pay luxury tax on their services. The luxury tax will be also levied on hotel ...

BENGALURU: The High Court has ruled that exhibition halls come under the definition of ‘marriage hall’ and those which collect rent of at least `5,000 per day come under the purview of luxury ...