Union government has finalized the GST rates which will come into effect on July 1st. The Center announced that 'Cinema' will fall in 28% GST category which will replace the existing Entertainment Tax. To the utter dismay of the regional industries. Finance Ministry hasn't offered any differential rate for Regional Films.
Worst Hit due to this decision will be Telugu, Marathi and Kannada films while it will help Hindi Cinema big time. On an average basis, Hindi and English films pay 37% Tax in India. Regional Films pay around 16% due to the exemptions by the state governments.
GST Committee chooses to ignore this difference. Instead of treating Regional Films separately Finance Ministry autocratically brought in all under one roof ignoring the market conditions.
The 28% GST will maintain status quo on a National Level Tax Revenue basis but robs Regional films and is hugely beneficial to Bollywood.
"What the Heck? Keerthi Suresh is NOT FIT to play the role of Legendary Actress Savitri.." says Veteran Actress Keerthi Suresh is definitely facing a bad time right now as she is getting criticism from all quarters. The actress also faced failures with her recent releases too. Producers and Directors criticize that the actress wastes more time in the Make-up room and never comes to shooting on time.
- Samantha says 'NO' to her Husband
- Akkineni Hero resumes due to the Sexy Slender Babe's Arrival - LEAKED photos inside
- The Bikini Babe shows her Slender Thighs at the Launch of Swiss Watches and spices up - 10 Photos Inside
- Trisha's New Avatar facing Troubles right now
- 27 Sexy Photos of Trisha where she shows her Fleshy Belly, Deep Navel, and Hot Tempting Curves
- OMG! Who made Kajal Aggarwal Cry in Public ?? Her sad face will melt your heart
- The Curly Haired Mally Beauty did such a thing just to get Offers?! Fans are Shocked - PHOTOS PROOF inside
- A Funny Troll on Stylish Star Allu Arjun was posted in a National Troll Page and haters enjoyed with more cheap comments
- What does Keerthi Suresh do 2 Hours in the Make-Up Room ?? Producers, Directors open on her Shameful Attitude
- Pawan Kalyan ruined Keerthi Suresh Career - She gets 'SHAME' everywhere !!!
- Shruti Haasan's Kissy face on Instagram stories will tease you for sure - Check the Photo!
- Disha Patani knows how to Tease our Minds by wearing such 'Tight' and 'Sleeveless' - 10 Photos Inside
- APHERALD EXCLUSIVE: BIGG BOSS SEASON 2 TAMIL - Who are the Contestants? Who Hosts the Show? All Details Inside !!
- Caught Red-Handed !! Love Bite and Marks seen on Star Actress Waist...
- These 12 Sexy Photos of Rakul Preet from "Behind the Cameras" while shooting will give you WET Dreams