Minister for Tourism Faiyaz Koya says the government has done their part by reducing the Environment and Climate Adaptation Levy and Service Turnover Tax and it is now up to the resorts and hotels to do theirs.
Koya says the general complaint is cost of Food and Beverages being too high and this is the government doing its bit to ensure there is a drop in prices.
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Revenue Policies | Customs Tariff Act |
Koya says the industry stakeholders need to look at that and say that the government has done its part and its now for us to do our part.
Minister for Economy Aiyaz Sayed-Khaiyum has announced in the 2020/2021 National Budget that the 6% Service Turnover Tax has been eliminated and ECAL or Environment Climate Adaptation Levy will go down from 10% to 5%.
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