Gst On Movie Tickets News

Politics

GST tax cut: From TV to movie tickets, here’s full list of items that will get cheaper

GST Council meet: The goods on which GST has been lowered to 18 per cent from 28 per cent at present include pulleys, transmission shafts and cranks, gear boxes, retreaded or used tyres, power banks of lithium ion batteries, digital cameras, video camera recorders and video game consoles

4 min read23 Dec 2018
Industry

Big relief for film industry, GST rate on movie tickets reduced to 18%

The 28% GST slab for entertainment tax had hit the single-screen market the hardest, particularly in states that had, until then, charged negligible or zero entertainment tax

2 min read22 Dec 2018
Industry

GST: Tamil Nadu cinema halls, multiplexes suspend screenings indefinitely

The shutdown is in response to the 30% corporation tax introduced by the Tamil Nadu government in addition to the 28% GST rate

2 min read4 Jul 2017
Politics

Regional cinema likely to be hit by 28% GST rate

Bollywood is likely to benefit from 28% GST rate, where entertainment tax is as high as 45% in Maharashtra, but low taxed regional cinema seems to be at a disadvantage

2 min read19 May 2017

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles