incentives

Under the Incentive Scheme for Production of Foreign Films in India, for all qualifying projects, the Indian Service Company on behalf of the International Production can claim a cashback incentive of upto 30% on Qualifying Expenditure in India. Apart from that a 5% bonus can be claimed for employing 15% or more Indian manpower and an additional bonus of 5% for Significant Indian Content. The incentive is subject to a maximum cap of INR 300 Million (USD 3.6 Million approximately). International productions that have been granted permission by the Ministry of Information & Broadcasting and Ministry of External Affairs (for documentaries only) shall be eligible.

Pure Animation Postproduction and Visual Effects services undertaken in India for Foreign Productions can claim upto 30% of the Qualifying Expenses (75% of Contract Value) plus an additional bonus of 5% for Significant Indian Content subject to a maximum of INR 300 Million. No prior permission is required for such projects.

Under the Incentive Scheme for Audio Visual Coproduction, for all qualifying projects, the Indian Co-producer can claim a payable cash reimbursement of up to 30% on Qualifying Expenditure in India subject to a maximum of INR 300 Million (USD 3.6 Million approximately). The project must have been granted a “Co-Production” status by the Ministry of I&B and the participating country(ies), under one of India’s official bi-lateral co-production treaties on Audio-Visual Co-production.