The government`s decision to levy 12.36 percent service tax on film and television actors is taking a toll on the industry, says Bollywood star Akshay Kumar, adding it has forced independent producers to stop making movies.
Declining to interfere with the imposition of entertainment tax on ramp shows organised by the Fashion Design Council of India (FDCI), Delhi High Court has said it is for the government to decide whether full or part exemption can be given to similar events held in the capital.
Entertainment tax on films could come down as the union government is contemplating a less stringent tax structure under the Goods and Services Tax (GST) regime, union Information and Broadcasting Minister Ambika Soni said here Thursday.
Maharashtra Legislative Assembly
today passed the Mumbai Entertainment Tax (Amendment) Bill
2010 which will enable the state government to impose the tax
on cable operators, pubs and get an additional revenue of
Rs ten cr.
The Centre should act as a coordinator to bring uniformity in entertainment tax rates, currently varying between 30 percent and 40 percent across the country, for growth of the entertainment and media industry, Assocham has said.
The SC has issued
notice to the Centre and 14 states on a petition challenging
the decisions of state governments to give tax sops to promote
regional language films and charge higher entertainment tax on