Bollywood Demands Lower and Uniform GST Rates

A delegation representing the film and entertainment industry, calling on the Prime Minister, Shri Narendra Modi, Mumbai, Maharashtra on December 18, 2018
A delegation representing the film and entertainment industry, calling on the Prime Minister, Shri Narendra Modi, Mumbai, Maharashtra on December 18, 2018

A delegation representing the film and entertainment industry, called on Prime Minister Narendra Modi, in Mumbai on Tuesday. The delegation comprised producers and CEOs of companies in the entertainment industry.

Bollywood actors Akshay Kumar, Ajay Devgan, Rakesh Roshan, and also Prasoon Joshi, Karan Johar, and Siddhartha Roy Kapur were among those present at the meeting.

According to a government statement, the delegation expressed its support of Modi’s vision for making India a 5-trillion dollar economy in the near future. They gave an overview of the vast growth potential of the media and entertainment industry in India, and said that this sector is poised to contribute in a significant way towards this goal.

The delegation pitched for lower, and uniform rates of GST (Goods and Services Tax), for the entertainment industry in India. Members of the delegation called for the development of Mumbai as the global entertainment capital, through various initiatives and proactive approaches.

The Prime Minister said that the Indian entertainment industry enjoys immense popularity across the world. It is one of the key elements of India’s rising soft power status, globally, he added.

He assured the delegation that the Union Government is supportive of the media and entertainment industry; and would consider the suggestions positively.

Photo: Press Information Bureau

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Rakesh Raman