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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
May 26,2020

Washington, May 26: Making a slight change to the name of their newborn, Tesla CEO Elon Musk and his singer girlfriend Grimes have now named their first child X AE A-Xii.

The difference is only in the numeral part of the name which is now written in the Roman format.

Earlier this month, the celebrity couple hogged headlines for naming their son X AE A-12.

The change in the name came when an Instagram follower of the Canadian singer asked if she had considered changing the name of the child and she replied with, "X AE A-Xii."

However, the performer didn't provide further insight concerning the reason behind the change.

Canadian singer Grimes gave birth to her first child on May 4.

The 32-year-old had earlier taken to Twitter and explained the meaning of the baby's name.  

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News Network
March 11,2020

Washington, Mar 11: Pop star Selena Gomez made some revelations about her personal life in a recent interview.

While explaining the lyrics of her song "Rare" on the 'Genius' YouTube channel, the 27-year-old said that there are times when she feels that she will ever be able to find a suitable partner for herself, reported Fox News.

"Some days when I wake up and I am annoyed and I am like, 'I am going to be alone forever.' But after that 15 minutes go away, I say to myself, 'I know that there is someone for everybody," the singer told in the seven-and-a-half minute long video.

However, she remains optimistic as she is still young and "this isn't the end all be all".

Elaborating upon the chorus of her song, Gomez opened up and said, "self-esteem and confidence is a constant struggle".

"It's getting better with time and age, but it will always be something that I'm working on," she added while explaining the lyrics further.

"So what I think is so important about this chorus is that it's acknowledging, 'Hey, I don't have it all. I'm not saying I'm perfect, but I do know that I'm special,' and I think that is a humble approach of saying, 'Why don't you see that I am different?'" the singer added as reported by Fox News.

Touching upon her experiences from past relationships, she commented: "In certain relationships, I've heard and I've experienced and whatnot, I think men and women do it -- especially teenagers and young people in love -- is there's this satisfaction out of hurting someone because you know that they care. Purposefully putting someone down because they want to keep them at a level. I've had someone actually say that to me before".

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News Network
February 27,2020

Mumbai, Feb 27: Bollywood superstar Shah Rukh Khan on Wednesday said it's with constant education that a country, a family can move forward as there is never an end to learning.

In December last year, when the actor visited the Indian Film Festival of Melbourne, the La Trobe University announced the 'Shah Rukh Khan La Trobe University PhD Scholarship'. At the event to announce therecipient of the scholarship here on Wednesday, Shah Rukh said it was his honour to lend his name or be attached to the scholarship.

"I am a big believer in education. I truly believe that the way forward for any country, any family, city, state is by educating itself more and more.

"There is never an end to education. I've come to realise the more I know, I figure out, the less I understand. It's very important to keep educating ourselves for the rest of our lives.

"I've always believed education in India and elsewhere in the world, is the most important step forward for any nation," he said.

The scholarship aims to provides an opportunity for an aspiring female researcher from India to undertake research.

The 54-year-old superstar said what also will help taking the world move ahead is educating women.

"Related to the fact, is of course, education of women, empowering women, to look after themselves to look after their families...

"If you are able to empower them with education, the world goes even further forward," the actor added.

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