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ENTERTAINMENT TAX PROPOSAL
Michael Jackson’s 2,700-acre Neverland Ranch received nearly $70,000-a-year tax benefit meant for farmland. Then officials found an amusement park, a zoo and moreMichael Jackson's Neverland Ranch took advantage of agricultural tax credits by engaging in cattle ranching, which offered lower property t...
Trump urges Congress to pass tax incentives for entertainment industryPresident Donald Trump advocates for federal tax incentives to boost American film production. He urged Republicans and Democrats to craft ...
Psychology says people who always check the bill twice before paying may be seeking financial certaintyChecking a bill twice before paying may sometimes reflect a preference for financial certainty over speed. The person simply wants to be su...
Do you really need Rs 2.5 lakh/month to live in Sweden? From rent, groceries to lifestyle expenses, here's what you need to know before movingThere is no easy or one word answer to this question. The expenses anywhere would depend majorly on the city an individual is living in and...
Silverstorm Parks & Resorts IPO set for BSE SME debut; Grey market signals mild listing upsideSilverstorm Parks & Resorts shares debut on the BSE SME platform this Friday. Grey market trends suggest the listing will be above the issu...
Silverstorm Parks IPO opens: Price band, GMP, and other key detailsSilverstorm Parks' initial public offering opened for bidding on Friday, aiming to raise Rs 82 crore. The company set a price band of Rs 12...
Delhi government proposes collection of entertainment tax after eventsAccording to a govt official, the govt is also in the process of bringing entertainment tax, fire and electricity under the purview of a si...
Cable operators oppose entertainment tax hike in DelhiPresenting the annual budget last week, Delhi government had proposed to double the entertainment tax to 40 per cent from 20 per cent.
Include entertainment tax in Goods and Services Tax: Film IndustryLocal body entertainment tax, estimated at 25-30 crore across India, has been kept out, allowing these local bodies to charge an incrementa...
IPL players, TV reality show judges to pay service taxThe govt proposes to bring in sportspersons participating in non-recognised sports events like IPL under the service tax ambit from next fi...
- Budget 2012: Foreign entertainers, sportspersons to shell out 20% I-T
Foreign artists, television personalities, musicians, entertainers and sportspersons, including IPL cricket players, will have to shell out...
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...
- Maharashtra may impose tax on caller tunes
Setting a hello tune on your mobile may get dear if the Maharashtra government has its way in imposing ‘entertainment tax’on it.
- Film industry taxed for their service
When the finance minister in his budget speech acknowledged that the film industry has been experiencing difficulties while discussing the ...
- Entertainment tax may not be included in GST
The proposed Goods and Services Tax (GST) regime may not include entertainment tax, as states are unwilling to forgo the levy, a government...
- Unified levy system for broadcasting on cards
The broadcasting sector, which also includes DTH players and cable TV operators, is likely to see the advent of a unified levy system.
- Perks tweaked in line with FBT
The government has notified revised rules for perquisite valuation in line with its bid to make perks taxable.