I’m an optimist, so I prefer to look at glass half full: Siddharth Roy Kapur

I’m an optimist, so I prefer to look at glass half full: Siddharth Roy Kapur

By: cjprincemedia

After a period of success with two of the major film studios – which led him to produce films such as Rang De Basanti (2006), Dev.d (2009), Barfi! (2012) and Dangal (2016) among others – Siddharth Roy Kapur Si now extended to the creation of his own production company, Roy Kapur Films. In a free chat, we are catching Kapur, who was unanimously elected chairman of the film and television producers Union of India, his new avatar and other crucial issues facing the film industry. This is a major setback for the film industry. In the current tax system, the entertainment tax is the only tax on movie tickets by state and local agencies, with the average entertainment tax collected nationwide by the government in all countries and languages ​​in the range of 8 to 10% of the delegation of finance. Therefore, logically, the GST rate should not exceed 12% to avoid any loss of cash. Instead, the government has compared the film industry to the gambling industry and Paris and has imposed the highest 28% plate.

In addition, local US agencies have also been empowered to levy entertainment tax, which was previously integrated with the GST. Indeed, this means that in a state like Maharashtra, with 45% of existing entertainment, the total tax on a movie ticket could reach 70% if the local body chooses to go with the existing state tax rate. With the lack of support from such government, the Indian film industry, which must be one of the main forms of cultural awareness of India for the world, is in danger of disintegration. This will be a critical impact on the industry if it is not invested immediately.

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