Salient features of the Incentive Schemes for Audio-Visual Co-production and Shooting of foreign films in India

The Incentive and eligibility for Official Co-productions

Ministry of Information and Broadcasting, Government of India, has decided to launch Incentive Schemes for International Productions that shoot in India and Official Co-productions with foreign countries.

Under the Incentive Scheme for Audio Visual Co-production, 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 2 crore (USD 260,000). However, reimbursement shall be divided among the Producers as per their respective share of the financial contribution for the project.

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. Projects that have been granted official Co-production status after 01.04.2022 are eligible for the incentive.

India has Audio Visual Co-production treaties with 15 countries.
https://www.ffo.gov.in/co-productions/international-treaties

The Incentive and eligibility for International Productions

Under the Incentive Scheme for Shooting of Foreign Films in India, for all qualifying projects, the international film production company can claim a payable cash incentive of upto 30% on Qualifying Expenditure in India subject to a maximum of INR 2 crore (USD 260,000). Apart from that an additional 5% bonus up to a maximum of INR 50 lakhs (USD 65,000) can be claimed, as additional reimbursement. This would be granted for employing 15% or more manpower in India. International productions that have been granted shooting permission by the Ministry of Information & Broadcasting and Ministry of External Affairs (for documentaries only) after 01.04.2022 shall be eligible.