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NEWS
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Consultancy Services by Inco Mechel |
If you are setting up a Family Recreation
Centre either of stand alone or as a part
of a Shopping Mall or Multiplex, we can offer
you complete assistance in setting up a Family
Entertainment Centre. We shall provide assistance
in :
a) Market research
b) Planning the concept based on local leisure
habits.
c) Architecture & interiors
d) Financing
e) Staffing
f) Planning, Procurement, Erection of Amusement,
Air-conditioning & Kitchen equipment
g) Marketing
On knowing the area of your land /building,
your budget and your objectives, we shall
be able to give you a detailed offer for
our services.
At present there are about 200 Family Entertainment
Centres in India, with a total investment
of Rs.300 crores, which is expected to rise
to 400 centres with an investment of close
to Rs.1000 crores in the next three years. |
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Police License |
Most
states require that an entertainment center
should possess a police license for the premises.
If tickets are sold at the premises a separate
license from the police is required.
The
process for granting a police license varies
from place to place for eg. In Thane (Mumbai)
Collector sends police department the license
application. Police checks the premises and
facilities like parking etc then gives an
NOC to Collector.
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Entertainment Tax |
| Entertainment
tax is a thorny issue for Family Recreation
centers in many states of India. Ten-pin Bowling
is a sport. Frequent change in the tax laws
and hikes in entertainment tax have caused
many centers to close down.
Problems
are compounded by the fact that every state
has got its own set of laws and tariffs.
During committee meetings of the various
associations, entertainment tax discussions
occupy a major portion of the time available
leaving very less time to discuss improvement
of the industry.
It
is important to understand the mechanism
by which entertainment tax is levied. There
are many factors to take care of . For example:
In some cities if you have a dance floor
then regardless of if you are using it or
not, you have to pay a certain amount every
month.
Entertainment tax decisions are taken by
the cabinet not by any single official.
Usually Revenue Minister and Chief Minister
are involved through the cabinet. |
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Kingspin Holdings
to buy AMF Bowling |
AMf
Bowling worldwide, the worlds's largest owner
and perator of bowling centres, agreed to
be bought by an affiliate of Code Hennessy
& Simmons for $249m in cash.
AMF shareholders will receive $25 for each
of their shares. The purchaser, Kingpin Holdings,
is also assuming AMF's debt. Richmond, Virginia
based AMF had 9,963,155 shares outstanding
as of November 14. AMF said it expects the
purchase to close in the first quarter of
'04. |
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Entertainment tax
in Maharashtra |
Entertainment
tax in Maharashtra is 50% on Admission tickets
at all live events (applied also to complementary
tickets) while in other states it is 10 to
20%. Also 50% of sponsorship money is taxed
in any event organized in Maharashtra.
There is no entertainment tax on live shows
in Andhra Pradesh and Tamil Nadu. |
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Entertainment tax
in Punjab |
| In
Punjab entertainment tax rate of 75% tax rate
has been upheld by High Court. Centers are
approaching courts individually for relief. |
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| Current
Tournaments / Matches: |
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To view current Tournaments / matches, please click
here for "Tournaments"
section!
If you want to know more about General
Rules, Regulations & Etiquettes, Click here!
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