Non-Kannada film tickets cheaper from this weekend

DHNS
June 28, 2017

Bengaluru, Jun 28: Tickets for non-Kannada films will be cheaper by 4% to 5% from July 1, once the Goods and Services Tax (GST) kicks in.

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On the other hand, tickets for films in Kannada and Karnataka's regional languages (Tulu, Kodava, Byari and Konkani) will be dearer by 18% or 28%. Under the new regime, tickets priced at Rs 100 or less are taxed at 18%, while those priced at more than Rs 100 are taxed at 28%.

Under the GST, the maximum tax on tickets is 28%. Currently, non-Kannada films pay 32%. This means the tax on them decreases by 4%, resulting in lower ticket prices.

The GST Council can’t regulate ticket prices as it is left to the discretion of theatre owners. It can levy either 18% or 28%, based on ticket prices, regardless of categories such as dress circle and balcony. The new tax structure will not affect producers, distributors, exhibitors and theatre owners.

Finally, the audience will have to bear the additional burden, said K Raman, Joint Commissioner (Minor Act), Commercial Taxes Department.

Meanwhile, theatres without GST Council registration face closure. Under the new system, theatres with more than Rs 20 lakh in annual transactions should register. Theatres with a turnover of less than Rs 20 lakh are excluded from GST Council registration. About 400 theatres across the state are yet to get GST registration.

Some have less than Rs 20 lakh in transactions, while others are run on rent or lease. A few are partnerships. In the case of multiplexes, a single registration for multiple screens will do. “The government has given two months to the film industry to adopt the new system. Theatres without GST Council registration may not stop screening films immediately,” Vivek Mallya, an expert on GST, said.

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News Network
January 21,2020

Jan 21: Info Edge (India)'s shareholding in Zomato reduces to 22.71%; Uber receives 9.99% stake in Zomato.

Info Edge (India) announced that Zomato Media (Zomato) has signed a definitive agreement to acquire Uber's food delivery business in India (Uber) in an all-stock transaction, which gives Uber 9.99% ownership in Zomato.

Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective 21 January 2020.

Upon closing of said acquisition, the company's shareholding in Zomato shall stand reduced to about 22. 71 % on fully converted & diluted basis.

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coastaldigest.com news network
May 20,2020

Bengaluru, May 20: An Air India flight from Dammam in Saudi Arabia landed here with 161 passengers, including 85 for Karnataka and 76 to Hyderabad, an official said on Wednesday. Among Karnataka passengers there were both Bengalureans and Mangalureans.

"AIC-1910 (Airbus A321-211) landed at the city airport at 8.45 p.m. and 85 passengers, including 9 women and one infant alighted here, while 76 will fly to Hyderabad," the airline official said. 

The flight was 45 minutes behind schedule to Bengaluru.

The airline staff and the state government officials received the returnees in the arrival terminal and gave them masks to wear and sanitizer to wash hands.

All the passengers would be screened with thermal device to read their body temperature though only asymptomatic were flown back.

After completing formalities, including immigration check and filling the self-declaration form, the returnees were taken in state-run buses in batches for 14-day institutional quarantine in hotels and resorts across the city.

Passengers have to download the mandatory Quarantine app on their mobile phone before leaving the airport for contact tracing later.

Another evacuation flight from Kuala Lampur in Malaysia to Bengaluru has been cancelled due to Amphan cyclone over the Bay of Bengal that hit the Odisha and West Bengal on the east coast.

The service was the fourth to the southern state in the second phase of Vande Bharat Mission, the national carrier and its Express arm are operating to repatriate thousands of Indians, including distressed workers, migrants, students, senior citizens and tourists, stranded overseas since the government suspended international flights on March 23 and enforced an extended lockdown on March 25 to combat Covid-19 spread.

The first flight in the second phase landed on Monday night at Mangaluru on the state's west coast, with 177 passengers from Dubai in the UAE.

The second flight to the southern state from Kuala Lumpur in Malaysia landed here (Bengaluru) on Tuesday evening, with 94 passengers.

The third flight from Muscat in Oman landed here at 6.31 p.m. on Wednesday evening and at Mangaluru on the state's west coast at 8.01 p.m.

The remaining flights to Karnataka will land in Bengaluru and Mangaluru over the next 13 days till June 3 from 12 more destinations the world over.

In the first phase of the mission from May 7-17, the airline and its arm flew 6 flights to the state from May 11-15, bringing in 800 passengers, including 623 to Bengaluru and 177 to Mangaluru from London, Singapore, San Francisco and Dubai.

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News Network
February 6,2020

Bengaluru, Feb 6: Karnataka Chief Minister B S Yediyurappa said that portfolios for the 10 new ministers who sworn in on Thursday will be allocated by February 8.

Speaking to media persons, he said that he will go to Delhi in the coming days and the date of his visit will be finalised soon.

He is expected to meet the high command again to finalise the list of BJP MLAs for three berths in the Cabinet.

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