<p>The state government on Wednesday ordered a complete waiver of property tax for single-screen theatres for the 2021-22 financial year.</p>.<p>According to a government order in this regard, the property tax waiver will cost Rs 9 crore to the state exchequer.</p>.<p>The decision was taken based on a representation in this regard by the Karnataka State Film Exhibitors Association.</p>.<p>With theatres in the state closed for 14 months because of Covid-19, businesses had suffered a huge loss. Considering the imminent third wave, the audience is unlikely to visit theatres at this time and many theatres are on the verge of shutting down, the association said.</p>.<p>There are 630 single-screen theatres in the state. Over the past year, the theatres hardly opened for a month or two, following an unlock after the first wave of Covid. Even though they were open, they could operate only at 50% seating. Hence, theatres could barely make up for the loss they incurred, according to the association.</p>.<p>The government order also stated that theatres may be able to operate for a month or two, and that, too, at 50% capacity.</p>.<p><strong>Check out DH latest videos:</strong></p>
<p>The state government on Wednesday ordered a complete waiver of property tax for single-screen theatres for the 2021-22 financial year.</p>.<p>According to a government order in this regard, the property tax waiver will cost Rs 9 crore to the state exchequer.</p>.<p>The decision was taken based on a representation in this regard by the Karnataka State Film Exhibitors Association.</p>.<p>With theatres in the state closed for 14 months because of Covid-19, businesses had suffered a huge loss. Considering the imminent third wave, the audience is unlikely to visit theatres at this time and many theatres are on the verge of shutting down, the association said.</p>.<p>There are 630 single-screen theatres in the state. Over the past year, the theatres hardly opened for a month or two, following an unlock after the first wave of Covid. Even though they were open, they could operate only at 50% seating. Hence, theatres could barely make up for the loss they incurred, according to the association.</p>.<p>The government order also stated that theatres may be able to operate for a month or two, and that, too, at 50% capacity.</p>.<p><strong>Check out DH latest videos:</strong></p>
