Top Story

Home >> International >> Article

Uniform entertainment tax across the country: Sushma Swaraj

08-November-2001
Font Size   16
Uniform entertainment tax across the country: Sushma Swaraj

Information & Broadcasting minister Sushma Swaraj at the State I&B Minister Meet organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) said that the entertainment tax could be limited to 50-60 per cent. The Centre can only propose for a uniform entertainment tax, it’s upto to State Governments discuss and come to a consensus.

Entertainment tax rates currently vary from 21 per cent in Andhra Pradesh to a whopping 110 per cent in Bihar. The entertainment tax in Maharashtra and Delhi coincides with the average all-India rate of 60 per cent. In contrast, entertainment tax is nil in Hong Kong, 3 per cent in Japan and Singapore and 7 per cent in Thailand.

Speaking on behalf of the industry, chairman of Reliance Entertainment Ltd., Mr. Amit Khanna, said that entertainment tax rates should not exceed 25 per cent. Managing Director of PVR multiplex, Mr. Ajay Bijli felt that the ceiling should be at 20 per cent.

Ms Swaraj further said that, conceding to the demand of the industry, the I&B ministry would push for placing entertainment in the concurrent list.

Neither of these moves is however expected to affect the state government revenues from the entertainment sector adversely. The central government support the demand of lowering the entertainment tax, it is with the explicit assumption that lower taxes will generate more demand for the entertainment sector and will in turn increase revenue while at the same time discourage tax evasion by making evasion less attractive, she said.

Revenue mobilisation through levy of entertainment tax by the states currently yields about Rs 750 crore every year.

The industry also asked the minister to ensure that copyright laws are implemented and piracy is curbed.

Tags

Varun Raina, Marketing Manager, Airbnb India speaks to exchange4media about the successful #LiveThere campaign and how Bollywood helps them connect with its young consumer

Tim Castree is all praises for his team in India and trusts it to be a result of “an excellent execution of agency’s global strategy” headed by Kartik Sharma

Siddharth Dabhade says Criteo’s technology allows brands to engage with shoppers, create relevant experience on retail apps, thereby driving sales and profits

Shantanu Gangane says OTT platform Viu plans around 20+ originals and is all set to enter the Tamil market with a mix of syndicated and original content

right
left
OFF THE CUFF HAS JOURNALIST ARUN SHOURIE IN CONVERSATION WITH SHEKHAR GUPTA IN MUMBAI IAA HOSTS FIRST INDIAA REGIONAL AWARDS (TELUGU) IN HYDERABAD BREAK THE CEILING TOUCH THE SKY 2018 SEES OVERWHELMING INDUSTRY PARTICIPATION 10TH EDITION OF ABC EUREKA AWARDS IN MUMBAI CELEBRATES WORK OF PARTNER AGENCIES EMINENT JURY PICKS LOUDEST’S 100 MOST POWERFUL INDIAN MUSIC BUSINESS LEADERS MODE LOFT BY SABGROUP LAUNCHES SIGNATURE MENSWEAR POWER DRESSING CLOTHING LINE TOP MARKETERS DISCUSS ART AND SCIENCE OF EFFECTIVE LISTENING @PITCH CMO SUMMIT 2018, DELHI THIRD SEASON OF ‘INDIA’S TOP DIGITAL PLANNERS’ RECOGNIZES EXCELLENCE IN THE DIGITAL INDUSTRY WOMEN ECONOMIC FORUM 2018 SEES DISTINGUISHED GLOBAL PERSONALITIES IN ATTENDANCE PEPPER CREATIVE AWARDS 2018 RECOGNIZE THE BEST IN ADVERTISING IN SOUTH INDIA RADIO CITY’S POWER OF RADIO MEET HOSTS TOP ADVERTISING INDUSTRY LEADERS TOP INDUSTRY PERSONALITIES ATTEND ZOOM-MYNTRA EVENING TO CELEBRATE THEIR PARTNERSHIP LEADING MARKETERS, EXPERTS SHARE INSIGHTS ON DIGITAL TRANSFORMATION @ADOBE SYMPOSIUM IN MUMBAI NICKELODEON TRADE PARTY SEES MARKETING INDUSTRY LEADERS AND THEIR FAMILIES IN ATTENDANCE GOLDEN MIKES RADIO ADVERTISING AWARDS 2018 RECOGNIZE INDUSTRY’S MOST DESERVING ACHIEVERS AIMA MANAGING INDIA AWARDS HONOUR THE BEST IN THE INDUSTRY BW BUSINESSWORLD’S GREAT INDIA DEBATE BRINGS TOGETHER INTELLECTUALS ACROSS INDUSTRY SECTORS BW BUSINESSWORLD SMART CITIES CONCLAVE PATNA 2018 SEES EMINENT INDUSTRY LEADERS IN ATTENDANCE EMINENT JURY PICKS WINNERS OF GOLDEN MIKES RADIO ADVERTISING AWARDS MADDYS 2018 SEE TOP ADVERTISING AND MARKETING INDUSTRY LEADERS IN ATTENDANCE

Gupta worked at Marico as the Group Product Head for the male grooming category

The ad which was shot on Monday in Mumbai’s Film City in Goregaon is slated to go on air in July.

The campaigns that won at The Abby's are not going to Cannes this year. The agency has chosen a different set of campaigns for the international festival of creativity