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CM Yediyurappa orders waiving property tax on 630 single-screen theaters for 2021-22 financial year

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(G.N.S) dt. 8

Bengaluru

Karnataka Chief Minister B.S. Yediyurappa, has directed the officers of government to issue an order waiving off the property tax on 630 single-screen theatres for the 2021-22 financial year.

According to the order, the property tax waiver for single-screen theatres will cost the state exchequer Rs 9 crore. The KSFEA in its memorandum to Chief minister stated that with theatres remaining shut for almost 14 months due to the Covid-19 pandemic since March last year, the theatre owners have suffered huge losses.

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