top of page
  • Writer's pictureSwati Bhat

I & B Ministry announces 30% Incentive scheme & official co-production for foreign films in India

Incentives for Audio Visual Co-Productions with Foreign Countries

Read further to know, what will they get?


Swati Bhat


Reimbursement of 30% of Qualifying Co-Production Expenditure (QPE) incurred in India subject to a cap of INR 20 Million (approx.US$ 244,000).


Eligibility:

1.) Projects granted Official Co-Production status by the Ministry of Information and Broadcasting and any countries with bilateral Audio Visual Co-Production treaties with India are eligible.

2) India has Official Audio Visual Co-Production treaties with Australia, Bangladesh, Brazil, Canada, China, France, Germany, Italy, Israel, Korea, New Zealand, Poland, Portugal, Russia, Spain, and the United Kingdom.



Incentives for the Production of Foreign Films in India

What you get:

1.) Reimbursement of 30% of Qualifying Production Expenditure (QPE) incurred in India up to INR 20 Million (approx.US$ 244,000).

2.) Additional 5% of QPE capped at INR 5 Million (approximately US$ 60,000) as a bonus for employing 15% or more Indian workforce.

3) Minimum Qualifying Production Expenditure to be INR 25 Million (approximately US$ 325,000). Minimum QPE does not apply to documentaries.

4) Can be combined with filming incentives offered by State Governments


Eligibility:

The following projects are eligible to apply

1.) Feature Films/ Animation Feature Films/ Reality Television Shows/Web Shows or Series/Animation Series, etc. produced by Non-Indian production companies granted permission by the Ministry of Information and Broadcasting.

2.) Documentaries by foreign producers granted permission by the Ministry of External Affairs.

3.) Postproductions, Visual Effects, or Animation Projects.


For more information visit https://lnkd.in/gwMmA9zX



コメント

5つ星のうち0と評価されています。
まだ評価がありません

評価を追加
bottom of page