CHANDIGARH, Jul 28: Tickets at cinema halls or amusement parks in Punjab are set to get costlier by at least Rs 25-30 in line with a Punjab government proposal to mop up revenue by bringing in a few commodities under the Punjab municipal corporation Act, 1976 (PMC). This comes after most commodities in India have been routed through goods and sales tax (GST).
According to the GST law, all local bodies, including urban local bodies (ULB) such as municipal corporations and nagar panchayats as well as gram panchayats, can retain their fiscal autonomy over property taxes and user charges.
The Punjab government has now called a special cabinet on August 4 to ratify a decision to bring the tax on amusement park industry, cinema halls, cable television and DTH under the PMC.
According to the plan, the government proposes 12-15 % tax on amusement parks in the state, over and above the levy of 28% GST. The same proposal will also cover multiplexes and single screen halls. This will make a ticket for the prime time or matinee show costlier by at least Rs 20-25.
News Source: http://timesofindia.indiatimes.com
