Federal Information Minister Maryam Aurangzeb has said that the film finance fund of the government of Pakistan is starting, the government has announced a film finance fund of 2 billion rupees.
Addressing the high achievers for the National Amateur Film Festival Award, Maryam Aurangzeb said that the government will provide funds for film, documentary and drama production.
Maryam Aurangzeb says that the cinemas have been tax-free for 10 years, no tax has been imposed on their income, at this time there is zero tax on the film industry of Pakistan, the producers of the film are exempted from tax on income. will get
The federal minister said that the tax on import of equipment, film making, cinema and production equipment is zero, tax credit can be taken if the corporate sector provides funds for the film, contribution or funding within film making. The current government has given many incentives in the film sector.
He said that during 1970 to 2000, the development of Pakistan film industry stopped, after 2000, the journey of development in the film industry started.
The Minister of Information said that the big media houses made films, which started the industry to recover, due to the absence of cinema houses, the film industry is not progressing further. Is.
The PML-N leader said that in 2017, the government issued the first film policy, the film policy provided a vision for the revival of film, drama and music.
He says that in 2018 we included the film policy in the budget, last year we started the film division under the Ministry of Information, there is no source of entertainment for the people, middle and lower class, those people have not seen Mulajt. Who had made the previous molaghit a hit.
Maryam Aurangzeb has also said that Pakistan’s narrative can only be promoted through screen tourism, many concessions have been given in the film sector for 5 to 10 years.
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