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World Cup screenings: Tax likely to play spoilsport
Updated On: 18 February, 2011 08:38 AM IST | | Debarati Palit
Burdened under a 20% tax on payments made to channel distributor, hotels and restaurants screening World Cup say they have no option but to hike food and drinks prices
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Burdened under a 20% tax on payments made to channel distributor, hotels and restaurants screening World Cupu00a0 say they have no option but to hike food and drinks prices
Restaurantsand hotels that are screening the Cricket World Cup 2011 now have to shell out extra to the government as the entertainment tax department plans to take away a hefty percentage of the payments they make to the channel distributor. And that means you are likely to be charged more for food and drinks to cover this new cost to the establishment.
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| Spirit dampener: Hotels and restaurants screening the Cricket World Cup say they will have to increase food and drinks prices to cope with the hefty tax. representation pic Read Next Story Trending StoriesLatest Photos |
