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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
May 17,2020

Mumbai, May 17: TV actor Manmeet Grewal, who worked on shows like "Aadat Se Majboor" and "Kuldeepak", committed suicide after struggling with dwindling finances amid lockdown, family friend-producer Manjit Singh Rajput said.

Grewal, who was originally from Punjab, hanged himself on Friday night at his Kharghar residence here where he lived with his wife. He was 32.

Rajput, who had known Grewal for nearly seven years, said the actor was facing "financial crisis" and wasn't able to earn due to the lockdown. 

"He was going through a major financial issue and he was also in depression. The added pressure of not being able to repay loans amid this (no work phase) got to him. His wife is completely shocked and devastated," Rajput told PTI.

The producer said last rites of the actor were performed on Saturday. 

Grewal was working on projects like a webseries and some commercials, which were put on hold due to the nationwide lockdown amid the coronavirus pandemic. 

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News Network
March 28,2020

Chennai, Mar 28: Chennai City Corporation personnel stuck a home quarantine sticker at the office of actor-politician Kamal Haasan's Makkal Needhi Maiam office on Saturday, leading to speculation that the matinee star was quarantined for the coronavirus.

While there was speculation if Kamal Haasan was quarantined, the Greater Chennai Corporation said their staffers pasted the sticker on the premises because actress Gautami Tadimalli "returned from Dubai recently and her passport has this address (Eldams Road in upscale Alwarpet)."

The present residence of the actress was not known immediately.

The sticker read, "We are in home quarantine to safeguard ourselves and Chennai from the coronavirus." It was removed soon, an official said, declining to elaborate.

Kamal Haasan clarified in a statement that he was not quarantined.

"Based on the notice stuck outside my house, news has been spread saying that I have been quarantined. But most of you already know that I have not been living there for the past few years and the Makkal Needhi Maiam party office has been functioning from there," he said.

Further, the actor said, the news that he has been quarantined "is not true."

As a precautionary measure, he has been maintaining social distancing, he said.

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News Network
January 10,2020

Mumbai, Jan 10: Superstar Salman Khan on Friday announced that his Eid 2021 release will be titled "Kabhi Eid Kabhi Diwali".

The 54-year-old actor took to Twitter to announce the movie which will be written and produced by filmmaker Sajid Nadiadwala.

"Housefull 4" helmer Farhad Samjhi will be directing the film.

"Announcing my next film... 'Kabhi Eid Kabhi Diwali'. Story and produced by Sajid Nadiadwala. Directed by Farhad Samji. Eid 2021," Salman tweeted.

The actor, whose last release "Dabangg 3" performed moderately at the box office, will next be seen in Prabhudheva's "Radhe". The film will hit the theatres on Eid this year.

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