top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What does it mean for a movie to be tax-free?

+2 votes
356 views
What does it mean for a movie to be tax-free?
posted Dec 25, 2016 by Abu Anam

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

+1 vote

If a movie is declared tax free it means the state has waived off the entertainment tax. Entertainment tax is similar to vat or service tax. And it is levied by state governments. The movie halls/producers collect the tax from movie goers and pay it government.

answer Dec 26, 2016 by Amit Kumar Pandey
Similar Questions
+2 votes
Do I need to register for VAT or ST or any other Tax when I register a Pvt Ltd company in Bangalore or India?

Do I need to register for VAT or ST or any other Tax when I register a Pvt Ltd company in Bangalore or India?
or
Do I need to register for whenever there is net income 1 crore or more?
or
I don't need to register for any tax, but just pay whenever there is 1 crore net income tax limit.

+2 votes
What is the tax liability of a Private Limited startup company for software or hardware or both?

Question based on change in company registration and tax liability in 2012-13.

+1 vote
The USA established marginal income tax rates of 77% in 1916 to fund the war effort in World War I. What were they......

The USA established marginal income tax rates of 77% in 1916 to fund the war effort in World War I. What were they reduced to by 1929, shortly before the Wall Street crash?

...