Incentives for film industry welcomed.
LAHORE -- Pakistan Film Exhibitors Association Chairman Jahanzaib Baig has applauded the incentives proposed in the 2022-2023 budget, terming the development a positive step in the right direction.
The rebate offered on locally produced movies and withdrawal of eight percent tax on distributors and producers would encourage local production and improve feasibility of the movies, he said.
He said that the government had exempted cinema equipment from custom duty for five years, which would help the film industry and cinemas grow and encourage more investment in the sector.
Talking to journalists on Saturday, Mr Baig appreciated the introduction of...
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