This article was last updated on April 16, 2022
Canada: Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
The film associations across the country had a meeting in Chennai last month to discuss how to protest the proposed tax. For now they have planned to go on a strike for one day but if it doesn’t work then they will go on an indefinite strike.
According to a circular sent by the convener of FFI’s Service Tax Committee Ravi Kottarakara Rao, the film industry is already subjected to a lot of taxation burden and the imposition of an additional service tax will only add to it.
The film industry will suffer losses due to the strike but the members of the industry have decided to support it as the implementation of the service tax will affect small as well as big budget films really badly.
Be the first to comment