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The total tax in Maharashtra is 45% as entertainment tax, 5% VAT on non theatrical and in addition there is a stamp duty on the agreements entered in Maharashtra. The VAT on theatrical was waived from May 2011 but there is still a past issue from 2005 to 2011 which the government is yet to exempt.
*LA - The state of Louisiana has redeemable tax credit where production can exchange tax credit for cash at an excellent rate of 88% of the tax credits earned after paying for the transfer fees. With a 25% base rate on certified production expenditures, there is a 5% increase to the base rate if over 60% of production takes place outside of ...
The Ministry of Revenue is a ministry of the Government of Maharashtra. It is responsible for preparing annual plans for the development of Maharashtra state. [1] [2] The ministry is headed by a Cabinet level by Chandrashekhar Bawankule, current minister of revenue.
Recently some cinemas, (often interchangeably called "theatres") have been forced to shut shop due to the high entertainment tax (which stands at 55%), that results in huge losses. Since 2000, 50 cinemas have shut down in the city. Mumbai is known for its entertainment industry so
₹ 75 crore (US$8.7 million) [102] 4 Pawankhind: 2022 Almond Creations ₹ 75 crore (US$8.7 million) [103] 5 Natsamrat: 2016 Fincraft Media and Entertainment Pvt. Ltd., Gajanan Chitra, Great Maratha Entertainment ₹ 50 crore (US$5.8 million) [104] 6 Lai Bhaari: 2014 Mumbai Film Company ₹ 40 crore (US$4.6 million) [105] Katyar Kaljat Ghusali ...
This investment tax credit varies depending on the type of renewable energy project; solar, fuel cells ($1500/0.5 kW) and small wind (< 100 kW) are eligible for credit of 30% of the cost of development, with no maximum credit limit; there is a 10% credit for geothermal, microturbines (< 2 MW) and combined heat and power plants (< 50 MW). The ...
The Municipal Commissioner is appointed by Government of Maharashtra under section 54 of Mumbai Municipal Corporation Act, 1888. The Municipal Commissioner is responsible for developing & maintaining civic infrastructure of the city like water supply, roads, storm water, drainage and efficient delivery of various services to the citizens of Mumbai.
Miraj Cinemas is a division of Miraj Entertainment Limited, [1] the entertainment wing of Miraj Group established in 1987 by Madan Paliwal. After production and release of movies like Sona Spa and Madaari , Miraj Group ventured in the cinema exhibition business in 2012 with Miraj Entertainment.