Govt mulling increasing filming incentives for global production: I&B secy

India is mulling increasing the incentives offered to international production houses for filming in the country and also grant one-off perks for big-ticket films. Last year, the government unveiled an incentive scheme for audio-visual co-production where the Indian co-producer can claim a cash reimbursement of up to 30 per cent on qualifying expenditure in India, subject to a maximum of Rs 2 crore. Information and Broadcasting Secretary Apurva Chandra on Tuesday said the government is considering increasing the quantum of incentives as it realised that other countries are offering more attractive perks for filming. "We will reveal the quantum of increase shortly, the proposal is under consultation within the government," Chandra said at the CII Summit FX4th Global AVGC and Immersive Media Summit here. He said the government received six to seven applications from producers to film in the country under the incentive scheme but expressed displeasure that the initiative was not known

from Entertainment https://ift.tt/gq0ptJ8

Comments