Consider the following statements with reference to Rajasthan film tourism policy:
- The policy envisages subsidies up to Rs 5 crore or 15% of Rajasthani language movies.
- As per the policy, films, TV serials and documentaries etc. will be eligible for tax benefits only after shooting for 60 days in the state.
Which of the above statements is/are correct?
Explanation:
The Rajasthan film tourism policy plans to set up a film city which will act as an institute to train the aspiring youth in various skills in the field and promoting Rajasthani language movies.
This is in addition to subsidies up to Rs 2 crore or 15% of the production cost of such movies.
As per the policy document, the film city, which has been included in the service sector, will be entitled for viability gap funding. The project will also be eligible for customized package where taxes and other benefits could be extended on favorable conditions.
For encouraging and incentivizing the production of films in Rajasthani language, a separate policy has been compiled. As per the document, Rajasthani films will be allowed to reimburse state GST deposited with the government.
As per the policy, films, TV serials, reality shows, web series, and documentaries will be eligible for the subsidy only after 30 days of shooting in the state.
It is also mandatory for the production houses to give due credit to the state government of the tourism department in the film.
By: A D Singh ProfileResourcesReport error