- Friday, April 19, 2024
By: Eastern Eye Staff
More than 1,000 cinemas in the Indian state of Tamil Nadu have closed in protest at a hike in taxes after the government introduced a nationwide levy. Movie theatres in the southern state darkened their screens from Monday (3), saying a state tax of 30 per cent on tickets on top of the new national tax of 28 per cent will deter cinema-goers and encourage piracy. The government introduced a new goods and service tax (GST) on Saturday (1) in India’s biggest-ever fiscal reform. It intends to replace more than a dozen national and state levies with a single unified tax code. But as part of negotiations to get states to accept the GST,…
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