Entertainment Tax benefit received for Fame-Jai Ganesh

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Entertainment Tax benefit received for Fame-Jai Ganesh

Entertainment Tax benefit received for Fame – Jai Ganesh, Pimpri Multiplex in Pune

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Shringar Cinemas Limited, one of the leading movie exhibition and distribution companies, has announced today that the Company has received Entertainment Tax exemption for its Multiplex, FAME Jai Ganesh situated in Pimpri (Pune) and the said exemption will be availed by this multiplex effective from 13^th January 2007.

Under the Entertainment Tax Exemption policy, the FAME Multiplex in Pimpri (Pune) will enjoy 100% exemption for the first three years and 75% exemption of the prescribed rate for the subsequent two years.

It may be noted that the entertainment tax paid till now by the said Multiplex from 28/5/2006 to 11/1/2007 was Rs.1.15 crores.

Sourced From: Vaishnavi Corporate Communications Pvt Ltd