1 Updates
Bollywood likely to go on strike over service tax
Photo Credit: INDRANIL MUKHERJEE, Getty Images

Bollywood likely to go on strike over service tax

Jan 15 2013, 6:30am CST | by

Mumbai, Jan 15 (IANS) Bollywood is likely to call for a strike to protest against the government's decision to levy 12.36 percent service tax on film and television actors.

Mumbai, Jan 15 — Bollywood is likely to call for a strike to protest against the government's decision to levy 12.36 percent service tax on film and television actors. "We are in a process of...

Filed under: news

 
 
 

1 year ago

Bollywood likely to go on strike over service tax

Jan 15 2013, 6:30am CST | by

Mumbai, Jan 15 (IANS) Bollywood is likely to call for a strike to protest against the government's decision to levy 12.36 percent service tax on film and television actors.

Mumbai, Jan 15 — Bollywood is likely to call for a strike to protest against the government's decision to levy 12.36 percent service tax on film and television actors.

"We are in a process of deciding that if we have to call for a shut down. It's not our choice, we are compelled to do so. We are having a meeting soon and then we will decide about it," Mukesh Bhatt, president of the Film and Television Producers Guild of India, told IANS.

According to producer Ramesh Taurani, man behind films like "Ajab Prem Ki Ghazab Kahani" and forthcoming thriller "Race 2", producers are meeting Wednesday to discuss the issue.

"Tomorrow (Wednesday) all the producers will have a meeting where we will have to find a solution to the problem. It's an additional burden on us and we can't handle this anymore," he said.

The service tax is effective from this month and film and television actors will be charged 12.36 percent service tax on their earnings from film, TV shows and endorsements. The indirect tax will be in addition to their income tax and the producers believe that they will have to bear the brunt of it.

The new tax news has come as a dampener for the Indian film industry, which is celebrating its century this year.

"It saddens me that in the 100th year of Indian cinema, we should be celebrating, but how can one celebrate with this burden and the insensitivity of the government (towards film fraternity)," said Bhatt.

"I am extremely saddened (with the service tax decision) and we can't take this burden anymore. The war is still on and we are looking at a negotiation with the government. The government has no feelings towards the Indian film fraternity," he added.

Down south, on Jan 7, the leading actors, directors, theatre owners and others went on a hunger-strike in Chennai demanding the service tax be scrapped. Tamil superstar Rajinikanth too joined the day-long protest.

Bhatt feels profits earned by filmdom are akin to tobacco and alcohol industries.

"If we go by the statistics, the amount earned by the films is as high as that off tobacco and alcohol. Ours is a creative team so my request is that to the Government is don't look at us at the same way we are not injurious to health."

In case of strike, which may be called some time next month, there won't be any release during that period.

Director of "Ready", Atul Agnihotri said: "Of course, it's a burden but we are still making films because we don't have a choice. But I am sure many producers are working on this issue and soon there shall be a change."

IANS

Source: IANS

 
Update
1

6 weeks ago

British man Erol Incedal accused of targeting Tony Blair as part of Mumbai style terror plot

Nov 3 2014 12:56pm CST | Source: Daily Mail

Erol Incedal, 26, (left) is accused of targeting Tony Blair as part of a Mumbai style terror plot, also wanted to join forces with Abu Hamza's sons in an armed robbery, ...
Source: Daily Mail  Full article at: Daily Mail
 

 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Victoria&#039;s Secret Fashion Show 2014 Facts
Victoria's Secret Fashion Show 2014 Facts
Everything you need to know about the Victoria's Secret Fashion Show 2014.
 
 
Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human.
 
 
Oxford Dictionaries to add 1,000 new words
London, Dec 4 (IANS) 'Mamil' (middle-aged man in Lycra), 'silvertail' (a person who is socially prominent or who displays social aspirations) and 'crony capitalism' are among the 1,000 new words to be added to OxfordDictionaries.com, the free online dictionary, in its largest quarterly update so far.
 
 
Jimmy Fallon is a dad again
Jimmy Fallon is a dad again
Jimmy Fallon and wife Nancy Juvonen have welcomed their second daughter into the world via a surrogate.
 
 
 

Latest from the Network

Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human. The simple zigzag pattern found on a fossilized shell from the Indonesian island of Java has...
Read more on Celebrity Balla
 
Insects compete with rats to clear garbage
New York, Dec 4 (IANS) Insects play a very important role in cleaning up cities and they compete with other pests like rats and pigeons in their endeavour, a study has said. Scientists sampled arthropods - such as...
Read more on Business Balla
 
School headmaster shot dead in Pakistan
Islamabad, Dec 4 (IANS) Unidentified gunmen Thursday killed the headmaster of a private school in Pakistan's Balochistan province. Police officials said the armed men opened fire at the vehicle of Zahid Ali,...
Read more on Politics Balla
 
Four more bodies recovered from sunken South Korean ship
Seoul, Dec 4 (IANS) Four more bodies were recovered Thursday from a sunken South Korean fishing ship in the Bering Sea, the foreign ministry here said. This increased the toll to 16, including six South Koreans and 10...
Read more on Politics Balla
 
Lesbian couple asked to desist in London restaurant
London, Dec 4 (IANS) A lesbian couple in a London restaurant was asked to desist by a staff member, who asked them to "stop what you are doing". Lydia Cawson, 29, said that she and her girlfriend were asked by a staff...
Read more on Politics Balla
 
Oxford Dictionaries to add 1,000 new words
London, Dec 4 (IANS) 'Mamil' (middle-aged man in Lycra), 'silvertail' (a person who is socially prominent or who displays social aspirations) and 'crony capitalism' are among the 1,000 new words to be added to...
Read more on Celebrity Balla
 
Oceans play key role in global 'warming hiatus'
London, Dec 4 (IANS) Increased heat uptake across three oceans - North Atlantic, the Southern Ocean and Equatorial Pacific Ocean - is the likely cause of the 'warming hiatus' -- the current decade-long slowdown in...
Read more on Politics Balla
 
Novel imaging to identify if TB drugs are working
Washington, Dec 4 (IANS) Tuberculosis patients who are not cured of the infection can develop multi-drug resistant TB and have to take as many as six drugs for two years. Now, researchers at University of Pittsburgh...
Read more on Business Balla
 
PM makes first appointment to High Court of Australia
Canberra, Dec 4 (IANS) Prime Minister Tony Abbott's government Thursday appointed former Victorian Supreme Court judge Geoffrey Nettle as the next Justice of the High Court of Australia. Attorney General George...
Read more on Politics Balla
 
18 suspected militants killed in Pakistan airstrikes
Islamabad, Dec 4 (IANS) At least 18 suspected militants were killed Thursday in airstrikes conducted by Pakistan Air Force fighter jets in North Waziristan. According to officials, the airstrikes were conducted in...
Read more on Politics Balla