1. You Are At:
  2. Home
  3. Entertainment News
  4. Bollywood News
  5. Film Industry Warns Of Strike Over Service Tax

Film Industry Warns Of Strike Over Service Tax

Mumbai, Feb 3 : The film industry has threatened to go on a strike on February 23 to protest the Centre's proposal to levy a service tax of nearly 10.3 per cent on the multi-billion

India TV News Desk [ Updated: February 03, 2012 9:38 IST ]
film industry warns of strike over service tax
film industry warns of strike over service tax

Mumbai, Feb 3 : The film industry has threatened to go on a strike on February 23 to protest the Centre's proposal to levy a service tax of nearly 10.3 per cent on the multi-billion industry, one of the biggest in the world. 

The Film Federation of India (FFI) has proposed the nationwide shutdown.


“We have planned to go on a strike on February 23 to protest against the proposed service tax. It will be a strike of theatres across the country and not artists,” T P Agarwal, former president of FFI, told PTI.

There are approximately 10,000 theatres in India, including 750 in multiplexes.

No films will be screened during the day-long strike, he said. If the Central government goes ahead with its proposal, the budget of films will shoot up, Agarwal said.

“This (10.3 per cent) is not a small percentage. The budget of many films would be hit. We hope the government understands this. Besides, through this strike we would also highlight the issue of copyright,” he said.

Promoted Content

Write a comment

india-vs-england-2018
monsoon-climate-change