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New Delhi
MCD to review theatre tax policy
Staff Reporter
NEW DELHI: Delhi Mayor Kanwar Sain has stated that the Municipal Corporation of Delhi would be reviewing the policy of increasing the theatre tax soon with a proposal in this regard having been sent to the Delhi Government about five years ago.
This proposal seeks amendment to the IVth Schedule of the Delhi Municipal Act, 1957, to increase the maximum leviable theatre tax by the civic body on cinema theatres from the present rate of Rs.7 to Rs.10 per show to a maximum extent of Rs.1,000 per show.
However, the Mayor clarified that this upper limit has been envisaged for any future increase and does not necessarily imply that the theatre tax would be increased to Rs.1,000 per show. “The proposal in this regard was sent to the Delhi Government about five years ago. However, this policy amendment also needs to be reviewed in the present circumstances because the cinema industry has been badly hit by competition from the cable and satellite television industry and piracy.”
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