- RSCRYPTO completes CAS integration into MStar K1, K5, K7 series chips
- Ryan school murder: Bus conductor granted bail, but no clean chit till yet
- 'Padmavati' row: Let CBFC do its job, says Information and Broadcasting ministry
- Screen 'S Durga' at IFFI, says Kerala High Court
Finnish Govt looking at offering production incentives for film, TV
MUMBAI: The Finnish government has proposed a new production-incentive model that would offer a 25 per cent cash rebate for film and TV starting as early as 2017.
The cash rebate of 25 per cent would apply to money spent on local goods, services and salaries in conjunction with production work carried out in Finland. Applicable productions include feature films, fiction series, documentary films and animations.
Audiovisual Finland CEO Johanna Karppinen said, “this is a very wise decision by the government. I firmly believe that the incentive will work as an overall booster for many sectors, not only that of the local audiovisual industry.”