What Kamal Haasan teaches other big stars

Kamal Haasan has said he will quit cinema if the 28% GST rate fixed by the central government for films in India.

In a press meet organised by Federation of India Chamber of Commerce & Industry, the actor has strongly opposed the Indian Government's move to impose 28% GST on all Indian films. This makes all Indian films to pay 28% of their revenue as GST. In effect it will replace the statewise entertainment tax. In Tamil Nadu the 30% entertainment tax on Tamil films is being exempted by Tamil Nadu Government for films that fullfil certain criteria including a Tamil title.

The Ulaganayagan has said it is unfair to treat Tamil films on par with Hollywood and other foreign language films. He said that compulsory tax at the rate of 28% will ruin the fortunes of Tamil film producers and it would be fair to fix the rate at 12% to 18%.

The legendary actor also noted that the GST rate fixed for films is on part with that of gambling. Whereas cinema is an art and not gambling.

Kamal's views are likely to get support from Tollywood, whose representatives have been expressing similar views about how the high tax rate will dampen the profit margins of every stakeholder.

However, he is among the first superstars to have come out so very strongly against the tax regime.  Notice that Tollywood's big stars are yet to speak out on the issue although it has been a hot topic among cinemawallahs for weeks.

rajeshe092eb6a68

Srinivas is an entertainment journalist covering Telugu cinema, celebrity updates, movie reviews, and OTT news for over 9 years in IndiaGlitz.

rajeshe092eb6a68
Telugu Categories: Movie News

Husharu 2 Teaser: Cult Boys’ Tequila Dream Turns Into a Wild Adventure

The gang that won over youngsters with Husharu is back, and this time, their ambitions…

3 hours

‘Ruku Ruku Rukmini’ Sets the Mood for Nithiin’s ‘Alias Rukmini’

Natural Star Nani is backing another promising entertainer after presenting the successful film COURT –…

7 hours

Sai Pallavi Turns Fierce Cop Nithya Reddy in Dhanush’s ‘OM – Chapter 1: Udhiram’

Sai Pallavi is all set to explore a new dimension of her acting career with…

10 hours

Rajinikanth’s ‘Dharman’ Welcomes Nayanthara; New Poster Raises Expectations

Superstar Rajinikanth’s upcoming film Dharman has grabbed attention with another exciting update. The makers have…

11 hours

Aadarsha Kutumbam: Srinidhi Shetty Opens Up About Working with Venkatesh and Trivikram

Victory Venkatesh and acclaimed writer-director Trivikram Srinivas are coming together for the much-awaited film Aadarsha…

13 hours

Nara Lokesh’s Fun Anecdotes About Balakrishna in Jagapathi Babu’s ‘Jayammu Nishchayammu Raa Season-2’

Andhra Pradesh IT Minister Nara Lokesh joins Jagapathi Babu for a candid conversation filled with…

15 hours