Will have to quit the industry if I'm on highest tax slab: Kamal Haasan on GST rate

June 4, 2017

Mumbai, Jun 4: Veteran actor Kamal Haasan has hit out at the Central Government for announcing 28% tax slab under the GST (Goods and Services Tax) for cinema.kamalhassan

The actor, along with other representatives of the Tamil film industry, held a press conference recently, where he said, "When it comes to the pride of India, it was always regional cinema that stood up for awards in international arenas. Regional cinema contributes to the might of the country. You can't reduce that through taxation."

"I was promised an easy life when the Republic (of India) was formed. Why should I work for the Government? I work for my own sustainability and it is not getting easier. I will have to quit the industry if I am on the highest tax slab," he added.

The 62-year-old also stressed that regional cinema cannot be put on the same level as Bollywood films.

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News Network
February 24,2020

New Delhi, Feb 24: Indian Idol 11 winner is Bhatinda's Sunny Hindustani. Sunny, who mostly sang Nusrat Fateh Ali Khan's songs on the show, won the coveted trophy. The Bhatinda boy took home the Indian Idol 11 trophy along with the prize money of Rs 25 lakh, a car and a singing contract with T-Series.

Sunny's entry on the show was much-talked-about. His soul-soothing voice had mesmerised the judges on the audition day itself as he sang Afreen Afreen. He got a standing ovation and former Indian Idol 11 judge Anu Malik even said that he felt as if Nusrat Fateh Ali Khan himself was performing on the Indian Idol stage. His audition video had gone viral after Anand Mahindra shared it on social media.

On the finale night, Sunny sang a medley of songs, which included Mere Rashke Qamar and Halka Halka Suroor. Ayushmann got emotional seeing Sunny's journey on screen. He said, "Hum na actor bade self-obsessed hote hain. Humein lagta hai hamari struggle sabse achchi hai, sabse badi hai. Inke saamne toh kuch hai he nahi. Jahaan se aye hai, jitna hunar inke paas hai...mujhe lagta hai inki maa sabse ameer hain."

The first and second runner-up of the show Rohit Raut and Ankona Mukherjee got Rs 5 lakh each, while Ridham Kalyan and Adriz Ghosh who were fourth and fifth on the show, took Rs 3 lakh home. Every finalist also received Rs 1 lakh cheque from Lotus Herbals and gift hampers from the sponsors.

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News Network
February 10,2020

Chennai, Feb 10: The Income Tax Department on Monday summoned Tamil actor Vijay over charges of tax evasion and his alleged links with financier Anbu Chezhiyan.

The development comes after the IT Department on Friday carried out a raid at the actor's residence in Panaiyur area in Chennai.

IT sleuths held searches in connection with the success of a recent film which was a Box Office hit, collecting around Rs 300 crore.

As per sources, the IT Department on Thursday recovered Rs 65 crores from the residence of Vijay's alleged financer in Chennai during raids which were carried out in the connection with the tax evasion case linked to AGS Cinemas.

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Agencies
July 25,2020

Mumbai, Jul 25: Movie theatres have been shuttered for months due to the coronavirus pandemic in the country, but the Information and Broadcasting Ministry has now recommended that the Union Home Ministry allow cinema halls to reopen in August. 

I&B Secretary Amit Khare indicated this at a close-door industry interaction with the CII Media Committee on Friday. He said Home Secretary Ajay Bhalla at the Home Ministry would take the final call.

Khare said that he has recommended that cinema halls may be allowed to reopen all over India as early as August 1, or at the latest, around August 31.

The formula suggested is that alternate seats in the first row and then the next row be kept vacant, and proceeding in this fashion throughout.

Khare said that his ministry's recommendation takes into consideration the two metre social distancing norm, but tweaks it gently to two yards instead. The Home Ministry, however, still has to revert on the recommendation.

Cinema owners, present in the interaction, however, pushed back and said this formula is unwise and merely running films at 25% auditorium capacity is worse than keeping the cinemas shut.

The attendees at the meet included media CEOs like N.P. Singh of Sony, Sam Balsara (Madison), Megha Tata, (Discovery), Gaurav Gandhi (Amazon Prime), Manish Maheshwari (Twitter), S. Sivakumar (Bennett Coleman and Co Ltd), and K Madhavan, Star & Disney, and also Chairman, CII Media Committee.

The OTT platforms present, including Gandhi of Amazon Prime, did not push back. Some Bollywood producers, notably those of Amitabh Bachchan's Gulabo Sitabo, have posted their movies on OTT, rather than live out the lockdown uncertainty.

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