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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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News Network
June 2,2020

New Delhi, Jun 2: Actor Anushka Sharma on Tuesday exhorted people to maintain hygiene and advised to stop open defecation in a bid to avoid coronavirus spread.

As the country is grappling with the coronavirus crisis, the 'PK' actor has joined the initiative with the Swachh Bharat Mission, which aims to tell the people that the contagion can be curbed through strict sanitation process.

"When women all over the country had decided that they would educate everyone on the lesson of close the door, shun the disease, no one had thought that their initiative would turn into such a huge wave!," the actor was seen saying in a video posted in the official Twitter handle of Swachh Bharat I #IndiaFightsCorona.

"Today, in the time of coronavirus pandemic, we all have to again remember and remind others about the lesson of cleanliness," she added.

"If we take care of cleanliness around us, by not defecating in the open, we will keep ourselves healthy and India clean. We will become strong to fight against any kind of disease," the 32-year-old star said.

The 'Sultan' actor noted that by stopping defecating in open and closing the toilet door at all times can be a solid measure to drive the disease out of the country.

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News Network
February 6,2020

Feb 6: The Income Tax Department on Thursday recovered Rs 65 crores from the residence of Tamil actor Joseph Vijay's financer in Chennai during raids which were carried out in the connection with an alleged tax evasion case linked to AGS Cinemas, said sources.

The department is conducting raids and surveys at Actor Vijay, Financer and Producer Anbu Chezhiyan residences.

Around 38 premises have been covered in the raid.

According to IT sources the counting of money is still on so there are chances that the amount will rise. Vijay's wife was at Chennai home when IT sleuths carried out a raid at his residence.

Speaking on the reports of the Actor being intervened during the shooting of the film, the income tax official said, "Actor Vijay was not picked up between his shooting as reported in some media reports."

The actor was shooting for his upcoming film "Master in Neyveli" when he received the news of the raid.

"Actor Vijay had cut short his shooting and returned to his home immediately after getting the news of raids, now the officials are ready to facilitate him to continue his shooting if he wishes to," sources from Income Tax told news agency.

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June 30,2020

Mumbai, Jun 30: Actor Vivek Oberoi on Tuesday announced that he is set to make his debut as a producer with a high-concept thriller titled "Iti- Can You Solve Your Own Murder”.

The whodunit thriller will be directed by Vishal Mishra, who has previously helmed on films "Coffee With D” (2017) and "Hotel Milan” (2018).

"Iti" will be produced by the actor's banner Oberoi Mega Entertainment, Mandiraa Entertainment and Girish Johar. It is creatively backed by Prernaa Arora.

The 43-year-old actor said he trusts Vishal’s vision and liked the idea so much that he decided to back the project.

"I’m sure it’s going to be an exciting journey with Prernaa, team Mandiraa and Girish. We hope to present an engaging piece of cinema to the audiences with this," Vivek said in a statement.

The film revolves around a woman who is racing against time to solve her own murder. The project is expected to go on floors by October and release in the first quarter of 2021.

“I’m super excited and keen to share this story with our audiences. Vishal is a very gifted talent and we are pretty sure that with this film, we have a winner on our hands," Johar said.

Vivek's last Bollywood big-screen appearance was in 2019’s "PM Narendra Modi". He was also seen in season two of Amazon Prime Video's thriller "Inside Edge".

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