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Siddharth Roy Kapur concerned over double taxation

Siddharth roy kapur

Mumbai, July 5: Vidhya Balan’s husband Siddharth Roy Kapur, as the president of The Film and Television Producers Guild of India, worried about double taxation on Tamil film industry.

It will make the industry commercially unviable.

The Tamil Nadu government’s decision to levy 30 per cent entertainment tax over and above the Goods and Services Tax (GST) rate was facing tough response from everywhere.

“This move of double taxation by Tamil Nadu government will not only defeat the very purpose of introducing GST as a progressive ‘One Nation One Tax” regime but shall also make the industry commercially unviable leading to closure of cinema halls and loss of jobs,” Kapur said in a statement.

Theatres across Tamil Nadu have been shut in protest against the high tax rate.

Kapur also requested K. Palaniswami government and also other state governments.

“Not to impose additional Local Bodies Entertainment Tax (LBET) on films pertaining to any language over and above the GST which is already in the highest slab of 28 per cent,” he said.

Wefornews Bureau

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