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GST RATES MOVIE
‘Markets will remain noisy. That’s how you make money’: Axis MF’s CEO & MD B. Gopkumar on SIPs, volatility and investingAxis Asset Management Company has navigated turbulent weather in the past few years, coming under regulatory scrutiny over a controversy in...- Popcorn, in loose form, sold in movie theatres to attract 5% GSTPopcorn sold in loose form in movie theatres will continue to attract a GST rate of 5 per cent. If popcorn is sold together with a movie ti...
- Why you should not buy combo package of food & beverages along with movie ticket from nowIt may be noted here that the GST Council has decided to bring down the levy on food and beverages sold at theatres to 5% from the earlier ...
- Want to pay lower GST? Don’t buy popcorn with movie ticket“When bought together, it is treated as a composite supply and the principal supply there is watching the movie, or giving access to the ci...
- ‘The Kerala Story’ becomes tax-free in two Indian states. What does it mean for audiences?Vipul Amrutlal Shah’s film The Kerala Story has been declared as ‘tax-free’ in Uttar Pradesh and Madhya Pradesh.
- 23 goods and services to get cheaper from January 1 as reduced GST rates kick inThe GST Council on December 22 cut tax rates on 23 goods and services, including movie tickets, TV.
- GST rate impact: PVR, Inox Leisure shares gain up to 2.50%The GST rate cut will have an annual revenue implication of Rs 900 crore.
- Film industry, multiplexes cheer GST rate cut on ticket chargesMultiplex players had been seeking a reduction in the rate since July last year, when the Narendra Modi led govt first kept cinema tickets ...
- India Inc hails GST Council's move to cut tax ratesRajeev Talwar, president, PHD Chamber of Commerce and Industry said consistent indirect tax revenue growth along with reduction in high GST...
- GST rate cuts: The complete list of what all becomes cheap and what notThe council has so far taken more than 190 items, including washing machines and leather goods, out of the highest tax rate.
- Do away with local taxes on movie tickets: AssochamIndustry body Assocham has sought industry status to the film sector and has asked the government to do away with imposition of any other l...
- Baahubali 2 to support PVR, Inox show in Q1FY18; what's in store for Q2?Market experts believe FY18 could be a great year with the start provided by ‘Baahubali 2’.
- What price for entertainment after July 1? Here's how GST will impact your fun timeIf you are from a high entertainment tax state like Jharkhand (110%) or Uttar Pradesh (60%), you will only pay 28% tax now.
- GST blues: Millennials, get ready for a tougher life after July 1If you are a millennial, you may rejoice because millennials are all for reforms, etc. But the ground reality is that the GST is going to b...
- GST impact on entertainment industryIn Delhi and Maharashtra, GST for tickets priced above Rs 100 will be 28%, much lower than the current 40% tax.
- View: 28% GST? At this rate, India's movie business will be a flop showExcept, there is no one GST. It should perhaps be called GST5. For, at its introduction, the GST has five different rates: 0%, 5%, 12%, 18%...
- PVR, Inox Leisure tumble up to 8% on higher-than-expected GST ratesTaxes on multiplex and cinemas fall in the same tax slab as of casinos and five-star hotels.
- GST: Watching movies at cinema halls to cost you moreGST Council has fixed rate on movie tickets at 28 per cent , the highest rate slab which is also applicable for casinos and five-star hotel...
- Movie industry demands removal of double taxation systemIndian movie industry demands removal of double taxation system in the sector to sustain, said movie biggies here on Wednesday.
- Entertainment tax defeats purpose of GSTIf levies such as entertainment tax continue, the basic objective of GST, viz, replacing diverse, complex and ad-hoc taxes by a single comp...
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