What do you think of the Budget?
The Budget has ignored the entertainment industry entirely. Films and television constitute an important industry and contribute significantly to the national exchequer. But, its concerns have yet again not been addressed.
Have your expectations of the Budget been met?
As far as my industry is concerned, no. However, the hike in TDS exemption and the subsequent increase in disposable incomes will only bring relief to the common man and the growing working classes in India.
Any particular concern?
As directors and filmmakers, we are always looking for ways to bring down production costs. However, there is nothing in the Budget to aid this. Also, I believe that a service tax has been levied on assigning the copyrights of the film, music or any other IPR, which will be an added expense.
How has the Budget affected you personally?
Any Budget should look at overall growth of the country. In that respect, this year’s Budget is extremely positive and optimistic. Overall, it’s been an impactful Budget, one that looks at growth of the nation.
Raj Kumar Hirani, Film director
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