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Reduction in GST on cinema tickets brings cheer to film industry

Agencies
December 22, 2018

New Delhi, Dec 22: The Film Industry ON Saturday welcomed the decision to reduce GST on cinema tickets, exceeding Rs 100 to 18 per cent from 28 per cent and on those up to Rs 100 to 12 per cent from 18 per cent.

Siddharth Roy Kapur, President of Producers Guild of India (PGI) said,'On behalf of the Indian film industry, I would like to thank the government for taking this progressive step. This will help the industry move forward positively with increased investments in both exhibition infrastructure and creative development, enabling even better cinema and greater screen density across the country.'

'We look forward to continuing to engage with the government on initiatives that will help to unleash the full potential of the film industry. Cinema can be a significant instrument of Indian soft power around the world, while continuing to act as a uniting force for all Indians - a role it has played for more than a centur,' Siddharth said.

'In the past one year since Goods and Services Tax (GST) implementation, the Film industry was grappling with changes, challenges and issues arising post implementation of the GST legislation,' an official statement of PGI said.

'This was majorly due to cinema tickets placed in the highest tax slab wherein cinema tickets whose price exceeds Rs 100 were subject to GST at 28 per cent while those whose price is up to Rs 100 are subject to GST at 18 per cent. Such high GST rates resulted in high ticket prices for cinema goers,' it said.

'The Film Industry truly appreciates the continued endeavours of the GST Council, The Central and State Governments towards resolving issues faced by the stakeholders in the smooth functioning of GST,' it added.

Actor Ajay Devgn took to Twitter and expressed his happiness saying,'The voice of the film industry was finally heard and immediate action taken, thanks to @narendramodi ji. For movie tickets priced below Rs. 100 the tax has been reduced from 18 per cent to 12 per cent now and for tickets priced above Rs. 100 the tax has been reduced from 28 per cent to 18 per cent now.'

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Agencies
February 5,2020

Chennai, Feb 5: Income Tax sleuths on Wednesday raided top Tamil film actor Vijay's residence here besides conducting simultaneous searches at several premises linked to a film production house, movie financier and distributors in connection with suspected tax evasion.

The searches, which began in as many as 38 locations in Tamil Nadu, were still on and unaccounted cash of about Rs 25 crore was seized from the premises of a Tamil film financier who had faced allegations of intimidation and arm-twisting to recover money, official sources told PTI.

Also, several documents indicating substantial tax evasion has been seized, sources added.

Vijay, who was away in Cuddalore district for a film shoot, was apprised by authorities about the searches and he was en route to his residence here, they said.

So far nothing has been recovered from the actor's house and the inmates were cooperating with authorities in conducting the searches, sources said.

Raids were also on in the premises of the production house that had made Vijay's hugely successful recent Tamil movie 'Bigil.'

Further details are expected after completion of searches which is likely to continue tomorrow.

The State police has been providing security for carrying out the searches.

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News Network
June 17,2020

New Delhi, Jun 17: Bollywood actor Hrithik Roshan expressed sorrow over the 'unrest' the country is facing, following the news of the Indian Army personnel being killed in a face-off with the Chinese in Ladakh's Galwan Valley was confirmed.

The 'Super 30' actor said that the situation of 'unrest' people are facing now and to know about the loss of lives in Ladakh has left him with a "heavy heart."

"Our defence stands tall on the ground. My highest respect to the martyred in the line of duty. Condolences & prayers for their families. May the departed & living find peace," the 'War' actor tweeted.

Signalling to the strength and showing support to the Indian Army, veteran actor Anupam Kher wrote on Twitter: "Bharatiya Sena Ki Jai. Jai Hind"

While, 'Golmaal' actor, Tusshar Kapoor tweeted: "More power to our heroes, our brave soldiers in all frontiers! RIP our martyrs!"

The violent face-off happened on late evening and night of June 15 in Ladakh's Galwan Valley as a result of an attempt by the Chinese troops to "unilaterally change" the status quo during de-escalation in Eastern Ladakh and the situation could have been avoided if the agreement at the higher level been scrupulously followed by the Chinese side, India said on Tuesday.

The Army confirmed that 20 soldiers were killed in the face-off including 17 who were critically injured at the stand-off location and exposed to sub-zero temperatures in the high altitude terrain.

Indian and Chinese troops have disengaged at the Galwan area in Ladakh where they had earlier clashed on the night of June 15 and 16, Indian Army said.

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News Network
June 30,2020

California, Jun 30: Online video-sharing platform YouTube on Monday banned several prominent channels, including those belonging to Stefan Molyneux and Richard Spencer.

The company banned six channels for repeatedly violating YouTube's policies.

According to The Verge, other channels banned include American Renaissance (with its associated channel AmRen Podcasts) and the channel for Spencer's National Policy Institute.

YouTube began taking stern measures on supremacist channels in June 2019.

"We have strict policies prohibiting hate speech on YouTube, and terminate any channel that repeatedly or egregiously violates those policies," the Verge quoted a YouTube spokesperson as saying.

"After updating our guidelines to better address supremacist content, we saw a 5x spike in video removals and have terminated over 25,000 channels for violating our hate speech policies," the spokesperson added.

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