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| Seminar on Entertainment Tax at 8th GFFN |
Noida: “Films are still the best source of entertainment in
the country. We sell 5 billion tickets every year out of 12000 theatres running
in the country. 1.5 crore people visit theatres every day. 1200 films are made
every year in 28 official languages with turnover of 10,000 crores. Why tax on
entertainment” Sandeep Marwah President Marwah Studio introduced the subject
for the seminar.
“There are times when films have not even recovered the cost
of production and sales are restricted because of the high tax policy,
government should think on these points before levying tax for entertainment”
said Ashok Tyagi festival director of 8th GFFN.
“There should not be any tax on entertainment. At the end of
the day this is the only medium poor people have to entertain themselves. The
high entertainment tax policy has restricted the audience to visit theatres.
There is a huge scope to increase the turnover and need to have more theatres
in India” added Pankaj Parashar.
“The tax should be according to the cost of the film. Low
budget films should pay low rate of entertainment tax” suggested Manish Gupta.
Savita Sharma also gave her point of view. The proceedings of the seminar were
sent to International Chamber of Media And Entertainment Industry for further
action.
