Tax waiver for single screens in Karnataka
The Hindu
About 630 single screen cinemas are set to benefit from the move
In the light of a huge business loss for single screen theatres, which have remained closed for most part of last year, the Karnataka government has announced waiver of property tax for single screens. About 630 single screen cinemas are set to benefit from the move. A note from Department of Information and Publicity said that the order was issued on Wednesday based on an appeal by Karnataka Exhibitors Association, which had sought relief. The exemption has been extended for the financial year 2021-22.
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