Europe's top travel destination set to increase tourism tax

10:29 AM | 30 Sep, 2023
Europe's top travel destination set to increase tourism tax

AMSTERDAM - One of Europe's most visited destinations, Amsterdam will be hiking its tourism tax next year to claim the top spot with the highest tourist taxes within the European Union.

The tourist tax is expected to be increased by 12.5 percent, consequently translating to the collection of €65 million in tourism tax revenue next year.

At one end, the hike would lead to revenue collection for the government while at the other end, it would keep the city less crowded and thereby clean and peaceful.

As per a research conducted by VisaGuide.World, Amsterdam has been named the top European capital destination for tourists in 2023, beating Rome, Paris, and London.

Amsterdam has always kept sustainability and the environment in focus while trying to attract tourists. A few months ago, the city's council banned cruise ships from the city center.

The proposal to ban cruises had been advocated by the Democrats 66 party, which oversees the city alongside the social democratic PvdA and the GroenLinks environmentalists.

In a statement issued by the Democrats 66 party, it was stated that the council claims cruise ship vessels are not conducive to the city's efforts to limit tourism and boost sustainability.

The ban ultimately means that the central cruise terminal on the River IJ near Amsterdam's main train station will close in an apparent discouragement for mass tourism in the city.

The council has been trying to 'cleanse' the city and has also banned cannabis smoking on the streets of the red-light district.

In March, the city started an online campaign and urged young British men considering holding their bachelor parties in Amsterdam to stay away.

As far as statistics are concerned, Amsterdam - known for its picturesque canals, historic buildings, and cultural attractions like the Anne Frank House and Rijksmuseum - attracts 20 million annual visitors most of whom land in the city for parties and other events 

Mayor Femke Halsema had also complained last year that cruise tourists were let loose for a couple of hours, dined in at international chains, and had no time to visit a museum, consuming the city but doing little for it.

Amsterdam has set an ambitious sustainability target of becoming completely emission-free by 2030. What prompted concerns about cruise ships is a study conducted in 2021 which found out that a single big cruise ship produced the same pollution levels in a single day as 30,000 trucks.


Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 9 Dec 2023

Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Saturday.

Dollar Rate in Pakistan Today

On Saturday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.

Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar USD 283.4 285.95
Euro EUR 307 307
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 755.82 763.82
Canadian Dollar CAD 209 211
China Yuan CNY 39.82 40.22
Danish Krone DKK 41.14 41.54
Hong Kong Dollar HKD 36.37 36.72
Japanese Yen JPY 3.41 3.52
Kuwaiti Dinar KWD 922.14 931.14
Malaysian Ringgit MYR 60.82 61.42
New Zealand Dollar NZD 175.33 177.33
Norwegians Krone NOK 26.12 26.42
Omani Riyal OMR 738.71 746.71
Qatari Riyal QAR 78.07 78.77
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.32 27.62
Swiss Franc CHF 324.5 327
Thai Bhat THB 8.08 8.23

Gold remains under pressure in Pakistan; Check today gold rates here

Gold prices witnessed negative trend in local markets in line with the trend in the international market.

Gold Rates in Pakistan Today - 9 December 2023

On Saturday, the price of a single tola of 24-karat gold stands at Rs217,600, and 10 grams of 24k gold costs Rs186,560.

Single tola of 22 Karat Gold price costs Rs199,465, 21 karat rate per tola costs Rs190, 400 and 18k gold rate is Rs163,200.00 for each tola.

In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Saturday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,600 PKR 2,530
Karachi PKR 217,600 PKR 2,530
Islamabad PKR 217,600 PKR 2,530
Peshawar PKR 217,600 PKR 2,530
Quetta PKR 217,600 PKR 2,530
Sialkot PKR 217,600 PKR 2,530
Attock PKR 217,600 PKR 2,530
Gujranwala PKR 217,600 PKR 2,530
Jehlum PKR 217,600 PKR 2,530
Multan PKR 217,600 PKR 2,530
Bahawalpur PKR 217,600 PKR 2,530
Gujrat PKR 217,600 PKR 2,530
Nawabshah PKR 217,600 PKR 2,530
Chakwal PKR 217,600 PKR 2,530
Hyderabad PKR 217,600 PKR 2,530
Nowshehra PKR 217,600 PKR 2,530
Sargodha PKR 217,600 PKR 2,530
Faisalabad PKR 217,600 PKR 2,530
Mirpur PKR 217,600 PKR 2,530


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