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Centre to ask states to cap entertainment tax at 45%: Prasad
New Delhi, Oct 13: The centre will ask state governments to cap entertainment tax at 45 per cent, besides appointing separate nodal officers for checking piracy, implementing the cable act and ensuring single-window clearance for film shootings.
New Delhi, Oct 13: The centre will ask state
governments to cap entertainment tax at 45 per cent, besides
appointing separate nodal officers for checking piracy,
implementing the cable act and ensuring single-window
clearance for film shootings.
Information and Broadcasting Minister Ravi Shankar Prasad
told reporters here today that lower entertainment tax would
in fact bring in more revenues for state governments.
A meeting of all state I&B and Finance Ministers would be
called soon to discuss the economics of this proposal, he
said.
"We have decided to ask state governments to cap the
entertainment tax at 45 per cent, down from the present
ceiling of 60 per cent," he said adding since this was a state
subject the centre could only make a suggestion and it was up
to the states to implement these.
Bureau Report