Reduced Entertainment Tax
Delhi Government has decided to reduce another 10% on entertainment tax. Till March’2003, the entertainment tax on cinema was 60%. It was later on reduced to 30%. Now it is going to be 20%. The National Association of Motion Picture Exhibitors and the Multiplex Association of India gave ample reasons for seeking further tax reduction, less viewership being one of them. This plea definitely has benefited the Multiplexes, but not sure whether these multiplexes will pass on this benefit to public. In the past it has not been done. So lets see this time will be cost of movie tickets gets reduced with the reduction of entertainment tax.