Kamal Haasan to stop acting?

Kamal Haasan threatens to ‘quit industry’ if GST on regional cinema remains 28 per cent

Kamal Haasan to stop acting?

Tamil superstar Kamal Haasan on Friday urged the central government to cut down on Goods and Service Tax (GST) to keep floating the regional cinema. The actor requested Finance Minister Arun Jaitley to reduce tax to around 12 to 15 per cent as he believes the higher taxes levied on regional cinema will ruin it completely. 62-year-old Haasan also threatened to quit the industry with such higher tax slabs. He said,” I will have to quit the industry if I am on the tax slab that is the highest.”

“We welcome GST and one India one tax. But this rate will ruin regional cinema,” said the 62-year-old actor-filmmaker, urging Finance Minister Arun Jaitley to cut the GST rate to 12-15 per cent.

“If I can’t afford the tax I’ll have to quit. I will not work for the government… what is this? Is this the East India Company?”

The entertainment and other taxes vary in different parts of India. For Hindi films, 28 per cent is a drop from the current rate in cities like Mumbai.

“Regional films, Hollywood films and Hindi films cannot be put on the same slab and film tickets can’t be fixed like an essential service,” said the actor.

Many south filmmakers point out that existing tax rates are low in the southern states; in Karnataka, there is no tax on Kannada films. Mr Haasan has made over 40 films and starred in over 100.

GST, India’s biggest tax overhaul, is set to debut on July 1. A small list of goods will be exempt from taxes while the rest will be taxed at the approved rates of 5, 12, 18 and 28 per cent.

Source : Via Kollyspy

Related Post

Ranjith First, Shankar Next for Rajinikanth
views 355
Pa Ranjith teaming up with Rajinikanth has come as a huge surprise for fans as they had expected the superstar to work with Shankar and the news of th...
Ilaiyaraaja on cloud nine
views 57
Music maestro Ilaiyaraaja is on cloud nine after the arrival of a new member in their family. Yuvanshankar Raja and his wife Zafrunnisa, a Dubai-based...
Enakku Innoru Per Iruku clears the hurdle
views 236
GV Prakash has already completed the shoot of Enakku Innoru Per Iruku directed by Sam Anton. The latest is that the film has cleared the censor hurdle...
Ajith successfully operated on both his leg and shoulders
views 59
Thala Ajith underwent a surgery today after the release of his film 'Vedalam' directed by Siva. The actor had injured his leg on the last day of the s...
Jayam Ravi’s Appatakkar changed to ‘Sakalakala Vallavan’
views 323
Kamal Haasan's Sakalakala Vallavan was one of the biggest blockbusters in the Ulaganayagan's career and his fans hold it close to their hearts. Not su...