Tag: Multiplex
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Tax On Multiplex Popcorn, Cold Drinks, Reduced From 18% To 5%
The Goods and Services Tax (GST) Council has decided to lower the service tax on food and beverages consumed in cinema halls from 18% to 5%. This decision has been welcomed by multiplex operators, who believe it will help revive the theater business after the Covid-19 pandemic and prevent legal disputes. Food and beverages are ... -
What lies ahead for big screens as streaming platforms bag more new releases in Covid-19 lockdown
Covid-19 pandemic induced lockdown in India has already passed three and a half months mark with multiplexes and theatres being non-operational. With crores of losses to Indian entertainment industry that is mounting with each passing day, there is lot of anxiety in the film fraternity. When Shoojit Sircar directed Gulaabo Sitaabo was decided in mid-May ... -
Multiplexes plan to restart business as films release in OTT platforms
Businesses, as they plan to restart, has to cope with the new reality of social distancing and strict hygiene in India, multiplexes are redrawing the ways they operate. Multiplexes have been shut for more than two months now in India to contain the spread of coronavirus. Before the Ministry of Information and Broadcasting and local ...