Seminar on Entertainment Tax at 8th Global Film Festival

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Seminar on Entertainment Tax at 8th Global Film
Festival
Noida Films are still the best source of
entertainment in the country. We sell 5 billion
tickets every year out of 12000 theatres running
in the country. 1.5 crore people visit theatres
every day. 1200 films are made every year in 28
official languages with turnover of 10,000
crores. Why tax on entertainment Sandeep Marwah
President Marwah Studio introduced the subject
for the seminar.
There are times when films have not even
recovered the cost of production and sales are
restricted because of the high tax policy,
government should think on these points before
levying tax for entertainment said Ashok Tyagi
festival director of 8th GFFN. The tax should be
according to the cost of the film. Low budget
films should pay low rate of entertainment tax
suggested Manish Gupta. Savita Sharma also gave
her point of view. The proceedings of the seminar
were sent to International Chamber of Media And
Entertainment Industry for further action.