Actor-filmmaker Kamal Haasan on Monday said he is not pressurising the government, but has made a plea on behalf of regional cinema to reduce the Goods and Service Tax rate which is currently pegged at the highest 28 per cent.
"Not pressurizing. It's a plea and SOS from regional cinema to our FM. We fear it will collapse. We request the council to do all to save it," tweeted Haasan, who had interacting with reporters here last week, urged the Finance Minister to reduce the GST rate to 12-15 per cent.
The "Vishwaroopam" actor welcomed the GST regime but said the 28 per cent tax will ruin regional cinema.
"At the present rate, I can't afford the tax and I'll be forced to quit. We should remember this is not East India Company," he had said, adding that Hollywood, Bollywood and regional cinema can't be put on the same slab.
"Film tickets across industries can't be fixed like essential services," he said.
--IANS
hp/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
