Filmmakers shooting in Goa might get tax relief

Thursday, 14 July 2011, 10:17 Hrs
Printer Print Email Email
Panaji: In a bid to promote Goa as a film shooting destination, the state government is working on a tax relief scheme which aims to refund entertainment tax back to filmmakers, an official said Thursday.

"What it (scheme) envisages is that the tax which the filmmakers have to incur on say film shoots in terms of accommodation and travel can be refunded to some extent. All that the filmmaker will have to do is submit bills," said Dilip Borkar, member of Entertainment Society of Goa (ESG) formed by the state government for the promotion of films.

Filmmakers can thus recover a part of the taxes, Borkar said. The rebate under the proposed scheme would go well up to 50 percent, he added. Goa, which hosts the International Film Festival of India (IFFI) annually, has been home to several high budget film shoots in recent times like Vikram Bhatt's "Murder 2", Rohan Sippy's "Dum Maaro Dum" and Rohit Shetty's yet to be released "Singham".

When contacted, ESG chief executive officer Manoj Srivastava said the scheme was currently under consideration of the government.

"Our aim is to help lure filmmakers and investment into the state. Currently it is under the consideration of the Goa government. The scheme is still at the proposal stage and is subject to government approval and it is too early to speak about it," Srivastava said.
Source: IANS
Wiley, a global leader in research and education has announced a series of blended learning progr..
Startup City
Youth are leading India's start-up ecosystem where the median age of founder-entrepreneurs..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will laun..
Facebook-owned messaging app WhatsApp is still developing its previously announced "Vacatio..
"Game of Thrones" author George R.R. Martin doesn't want season eight to be the final chapter of "..
US Indian
Facebook-owned photo messaging app Instagram has launched the beta version of its in-app sh..
The Pentagon has selected Microsoft and Amazon Web Services (AWS, the cloud computing arm ..
The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 20..
Google Pixel and OnePlus smartphones are catching up and giving stiff competition to Samsu..