Search results
Results from the WOW.Com Content Network
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.
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.
The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment of the Constitution of India by the Indian government. The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax) used on the supply of goods and services. It is a ...
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
Gov. Gavin Newsom has unveiled plans to increase the cap on California's film and TV tax credit program to $750 million as Hollywood struggles to compete with rivals.
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: 2015 Zee Studios, Shree Ganesh Marketing & Films ₹ 40 crore (US$4.6 million) [106] 8 Daagdi Chaawl: 2015 Manglmurti Films
The club sought $26.4 million in the latest round of an Ohio tax credit program but was denied. Other Cincinnati projects, a new convention center and the remaking of Carew Tower, did get approved.
The legislation would offer production companies tax credits equal to 20% of qualified expenses, capped at $8 million per year. Seeking Hollywood investment, Missouri legislature passes film ...