Assam Assembly passes Assam Amusements and Betting Tax (Amendment) Bill, 2016


Posted on:18 Aug 2016 09:55:01

Assam Assembly passes Assam Amusements and Betting Tax (Amendment) Bill, 2016
18 August 2016 Current Affairs: The Assam Assembly has passed the Assam Amusements and Betting Tax (Amendment) Bill, 2016 on 13 August 2016. 

This bill will reduce the service charge of cinema tickets with an aim to boost to the local film industry. The government, however, raised the entertainment tax on cinema tickets by up to ten percentile points.The government proposed to make service charge 8 rupees per ticket for the halls without air conditioning system and 12 rupees for the halls with air conditioning system with back-up generator.

The government also advised to increase the entertainment tax to 20 per cent from 15 per cent at present for entry charges between 5 rupees and 20 rupees per ticket.  There will be no entertainment tax if the entry charge is 5 rupees or less.

It raised the government tax to 30 percent on service charge from the existing 20 percent.It proposes to fix the service charge at a maximum of 12 rupees per ticket, which is as high as 40 rupees at present.A cess of 1 rupee will be levied on each ticket for creating a welfare fund for film and theatre sectors.


Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs June 2017

26 JUNE
NEWS
24 JUNE
NEWS
23 JUNE
NEWS
22 JUNE
NEWS

Current Affairs May 2017

31 MAY
NEWS
30 MAY
NEWS
29 MAY
NEWS
27 MAY
NEWS

Current Affairs April 2017

29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS