Union Finance Minister Nirmala Sitharaman presented the country’s budget on February 1. The budget provided relief for every sector, but the entertainment industry suffered from financial problems from Corona, which serves as a government tax. Pahlaj Nihalani, former chairman of the Central Board of Film and Film Certification (CBFC), has now responded.
Pahlaj Nihalani believes that the budget is prepared with a focus on the future, but nothing about the film industry. Pinkvilla said the industry had suffered huge losses during the corona epidemic and the GST imposed on the film industry should be completely waived for the next three years.
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Also, it is necessary to waive the Performance Zone and electricity bills. Nihalani said property taxes for people associated with the film industry should be waived until the industry returns to its normal position.
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Not only the Hindi film industry but also the southern film industry thinks the film industry has nothing to do with the budget. El Suresh of the South Film Chamber of Commerce said, “The GST tax on the industry is not the same. While 18 percent of copyright sales are GST, no other deal attracts 12 percent GST. We have written to the GST Council to unify it. ”
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