Ambika Soni offers to lead film delegation to FM on service tax issue

NEW DELHI: Faced with the prospect of a nationwide full-day shut down of the film industry, Information and Broadcasting Minister Ambika Soni today offered to lead a delegation of filmmakers to Finance Minister Pranab Mukherjee over the Government?s proposal to levy 10.3 per cent service tax.

Speaking on the sidelines of an event here, Soni said: "I have offered that we can all go together to Finance Minister". She also stated that she was not sure if the industry would go on a strike on 23 February.

"The filmmakers have apprehension that service tax of about 10 per cent will be levied in the coming budget. They do not want this. I had spoken to Mahesh Bhatt yesterday,? she said.

At the same time, she wanted the film industry to understand the compulsions of the Finance Minister who had been talking about funds needed for welfare measures of the government, including right to food, right to education and his position "was also tight."

However, film industry sources said the proposal for the tax had been taken some years earlier but it was not being levied until recently when the Finance Ministry said this tax was deductible from the exhibitors.

There are approximately 10,000 theatres in India, including 750 in multiplexes. It is felt that if the Central government goes ahead with its proposal, the budget of films will shoot up.

Latest Reads
Usha International associates with YRF’s Sui Dhaaga – Made in India

Usha International, one of India’s leading household consumer durables company, proudly announces its association with Sui Dhaaga - Made In India produced by Yash Raj Films and starring Bollywood heartthrobs Varun Dhawan and Anushka Sharma.

Movies Hindi
Kamal Haasan talks about the pathbreaking films that inspired his career

MN+, the gold class of Hollywood movies associated with Kamal Haasan’s Vishwaroop 2 for Season 3 of Pathbreakers.

Movies Hollywood
No. 1 Bhojpuri Channel, ZEEL’s Big Ganga collaborates with foremost Bhojpuri superstar Ravi Kishan for a 7-movie deal

Over the last two decades, Bhojpuri movies industry has seen a revolution in the form of content, talent, and production.

Movies Regional
Zee Cinemalu Announces World Television Premiere of Superhit Romance-Idi Maa Prema Katha

Continuing to respect and support new-time actors, Zee Cinemalu’s World Television Premiere of Idi Maa Prema Katha stars the well-known faces from the small screen – Zee Telugu’s very own Anchor Ravi and Kalyana Vaibhogam-famed Meghana Lokesh.

Movies Regional
&pictures to air Sonakshi Sinha and Sidharth Malhotra?s spine-chilling thriller Ittefaq on Saturday, 21st July 2018 at 8pm

A CBI officer is assigned a double murder case which involves two witnesses who are also the prime suspects of the case.

Movies Hindi
Zee Action to air The Monkey King 2 on Saturday, 21st July at 8pm

Five hundred years after the Havoc in Heaven, the Tang Priest is appointed by Buddha to go to the West to fetch the sacred scriptures

Movies Hindi
Zee to launch Zee Classic HD channel

The Punit Goenka-led Zee Entertainment Enterprises Ltd (ZEEL), is all set to launch Zee Classic's HD version.

Movies Hindi
Shemaroo Entertainment Releases Padmaavat On Blu-ray and DVD for Cinema Lovers

Shemaroo Entertainment Limited, one of India?s leading global content power house, released the Blu-rays and DVDs of Sanjay Leela Bhansali?s magnum opus, Padmaavat- one of the most expensive Indian films ever made.

Movies Hindi
Al-Futtaim, PVR sign MoU to explore opportunities in MENA region

Multiplex operator PVR signed a memorandum of understanding (MoU) with Dubai's Al-Futtaim to explore opportunities to jointly develop cinema business in the Middle East and North Africa (MENA) region.

Movies Hindi

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories