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Film halls across country to remain shut in protest against taxation


05 February 2024  

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KATHMANDU: Movie theaters nationwide are set to close down on Monday as a symbolic protest against the ‘impractical’ tax hike imposed by the government.

The Film Producers’ Association has accused the government of levying taxes exceeding 33% in various names, following the implementation of value-added tax (VAT) escalation and corporate tax, and also introducing additional taxes contrary to the provisions of the existing laws.

Expressing discontent over the taxation measures beyond the value-added tax, the film halls have decided to shut down today in a bid to draw attention to their demands and to inform the public about the adverse impact on the film industry.

Publish Date : 05 February 2024 06:20 AM

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