PROPOSED INCENTIVES UNDER JHARKHAND TOURISM POLICY 2015-20

of 44m. The destination is developed with all categories of basic infrastructure facilities. The river which creates Panchghagh is River Banai. It is located in Khunti district. It falls from a height of 600m. It is due to the uneven and hard topography that the river gets divided into five different streams and thereby leads to five streams helping in formation of the great Panchghagh falls. Presently, the proposed sites comprise of gateway, overhead tank, newly built kiosks, few old structures and hutments, temple campus, under construction watch tower, among other facilities. The following tourism related activities will be entitled for all incentives admissible to new tourism units:

Setting up of new Hotels/ Motels/ Heritage Hotels / Ropeways satisfying the norms/ conditions stipulated by the state government.

Transport facilities with air-conditioned car/coaches with a minimum capital investment Rs 50 lakh.

Motor launches operating at water sports centres notified by the state government with minimum investment of Rs 20 lakh. Aero Sports Centres developed at places notified by the state government with minimum investment of Rs 20 lakh.

New amusement parks with minimum investment All workers employed in such eligible tourism units would be covered under the Contributory Group Insurance Scheme (CGIS), in which the state would pay 50% of the premium paid by the employer against each such worker/ labourer, for 5 years. This incentive shall be admissible to only such tourism units which employ a minimum of 50 workers, among which at least 30% of workers shall be from Jharkhand. The luxury tax shall be admissible to various hotels operating in the state as per applicable rate slabs. New Tourism Projects, like amusement park etc., would be exempted from entertainment tax for a period of 5 sible to all the tourist transport coaches operating under Jharkhand Tourism Development Corporation Ltd. Tourist coaches, whose capacity is not more than 35+1, would be eligible for relaxation of 25% of the charges payable for obtaining road permit. No holding tax will be charged for the first five years for the following new tourism projects:

Classified hotel and restaurants with an investment of more than Rs one crore.

Projects of amusement parks with an investment of over Rs two crore. With the proposed GST system soon coming into operation, the various tax exemptions shall be re-visited.