sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Service Tax »
 Senior Citizen? Are you aware of these income tax benefits
 Facing difficulty in Income Tax Return filing? These apps can help you out
 Filing ITR-1 Sahaj Form will not be the same anymore; Check out what has changed
 If you haven't filed your taxes yet, here are some last-minute tips
  ITR-1 for FY2018-19 asks for interest income break-up from tax payers
 Check Your Income Tax Refund Status? Here's A Step-By-Step Guide
 How to calculate gratuity and the tax exemption amount you can avail on it
 What Latest Changes In Income Tax Forms Mean For You
 Companies (Incorporation) Third Amendment Rule,2019
 Last date, process, e-filing registration, status, form 16, all you need to know Income Tax Return (ITR) Filing 2019-20
  Exposure Draft of Accounting Standard (AS) 17, Leases (Comments to be received by May 4, 2019)

IB ministry supports Bollywood fraternity against service tax
January, 21st 2013

The Information and Broadcasting (I&B) ministry said Friday it would support the film fraternity's protest against the government's decision to levy service tax on actors. "We are with the industry and will support them entirely," I&B secretary Uday Kumar Verma told reporters in Mumbai.
"We are in the process of speaking to the finance ministry (which has levied the tax) and will request them to reconsider the decision. We shall also support the fraternity in their demand to roll back the tax," he added. However, Verma said that since the I&B ministry has no control over the taxation process, he could not promise if the tax would be rolled back or reduced.

A service tax of 12.36 per cent was levied on actors last year. Though producers, distributors and exhibitors were kept out of the tax ambit, actors, directors, photographers and choreographers were included.

Bollywood is also likely to call for a strike to protest against the decision. "We will decide if we have to call for a strike. It's not our choice, we are compelled to do so," Mukesh Bhatt, president of the Film and Television Producers Guild of India, had told IANS earlier this week.

The film fraternity unanimously condemned the move stating that this would be an indirect tax adding to their income tax. Producers believe that they will have to bear the brunt of the tax. The Indian film industry is celebrating its centenary this year.

Down south, leading actors, directors and theatre owners went on a hunger-strike Jan 7 in Chennai demanding that the service tax be scrapped. Tamil superstar Rajinikanth had joined the day-long protest.The information and broadcasting (I&B) ministry said Friday it would support the film fraternity's protest against the government's decision to levy service tax on actors. "We are with the industry and will support them entirely," I&B secretary Uday Kumar Verma told reporters in Mumbai.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions