Search results
Results from the WOW.Com Content Network
Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India . 1 July is celebrated as GST Day. [ 4 ]
This is a list of films produced by the Indian Hindi-language film industry, popularly known as Bollywood, based in Mumbai, ordered by year and decade of release. Although "Bollywood" films are generally listed under the Hindi language, most are in Hindustani and in Hindi with partial Bhojpuri, Punjabi, Urdu and occasionally other languages ...
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
There is no tax for Marathi films in Maharashtra, and in Tamil Nadu, Tamil films are tax free if they have a Tamil title and a U certificate from the Censor Board. Failing any of these, films are imposed a 15% tax. The entertainment industry in India is facing the challenge of double taxation on such transactions. [2]
[7] [8] [9] In 2023, the Hindi film industry accounted for 44% of box office revenue, followed by the Telugu industry at 19% and the Tamil industry at 16%. The Kannada (5%), Malayalam (3%), Bengali , Marathi , Odia , Punjabi , Gujarati and Bhojpuri industries contributed to the remainder, while the foreign film industry made up 9% of the total ...
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.
Since late last century and the early days of the web, providers of digital media like Netflix and Spotify have had a free pass when it comes to international taxes on films, video games and music ...
MM Movies ₹ 525.45 crore [9] Dangal: 23 December 2016: Aamir Khan Productions Walt Disney Pictures India ₹ 387.38 crore [10] Sanju: 29 June 2018: Vinod Chopra Films Rajkumar Hirani Films ₹ 342.53 crore [11] PK: 19 December 2014: Vinod Chopra Films Rajkumar Hirani Films ₹ 340.8 crore [12] Tiger Zinda Hai: 22 December 2017: Yash Raj Films ...