PVR’s MP screens granted ent. tax exemption

PVR Ltd has informed the Bombay Stock Exchange that the five screens multiplex at Indore, Madhya Pradesh being operated by the company have been granted entertainment tax exemption from the payment of entertainment tax for a period of five years in accordance with the entertainment tax exemption policy as applicable in the state of Madhya Pradesh.

Such exemption is applicable from the date of start of commercial operations i.e., with effect from 7 April, 2006 for a period of five years.